Product Details

• Binding: Unknown Binding

Grand Rapid Mortgage Refinance Specialist Picture

Grand Rapid Mortgage Refinance Specialist Photo

Grand Rapid Mortgage Refinance Specialist Image

Grand Rapid Mortgage Refinance Specialist Pic

About the Author
See necessary note #3.

If you’re mesmerized in real estate investing, you may have noticed detect the lack of coverage it gets in mainstream financial media, while stocks, bonds, and mutual funds are systematically touted as the safest and most profitable ways to invest. According to real estate guru Ken McElroy, that’s because financial publications, tv and radio programs make the bulk of their cash from advertizing remunerated for by the very companies who provide such mainstream financial services. On the other hand, real estate investment is something you may do on your own–without a huge amount of cash up front! Picking up where left off in the bestselling The ABC’s of Real Estate Investing, McElroy reveals the next necessary lessons and info that no severe capitalist may afford to miss. Building on the foundation of real estate investment 101, McElroy tells readers:

• How to think–and operate–like a real estate mogul
• “The Top Ten Real Estate Markets to Watch”
• How to tell apart and close expert deals
• Why multifamily housing is the best real estate investment out there
• How to surround yourself with a team that will help maximize your cash
• How to keep away from paying thousands in taxes by structuring property sales wisely
• Important projections with regards to the future of real estate investment
• And more.

Product Details

• Amazon Sales Rank: #36463 in Books
• Published on: 2008-05-29
• Original language: English
• Number of items: 1
• Dimensions: 9.00″ h x .50″ w x 6.00″ l, .49 pounds
• Binding: Paperback
• 176 pages

Cash Refinance Photo

Cash Refinance Picture

Cash Refinance Pic

Cash Refinance Photo

24 of 29 people found the following review helpful.
Pretty Decent Intro To Apartment Complex Investing
By Kelly Lynch
I came across this book at Barnes & Nobles and since it was under the Rich Dad banner I gave it a shot. I liked the section of dispelling the myths of investing in multifamily units, i.e. “you gotta start small”, and “you need the Midas Touch”.
The author discusses several projects that he has worked on and breaks down the process into several key steps.
Truthfully, it’s not a “be all, end all” book for apartment investing, but I liked the fact that he explained his methodlogy in a simple, easy to digest fashion.
I invest heavily in single family residences and tri/quad-plexes, since the rental market is hot(smokin’ like Texas BBQ) and sellers are deeding me houses at a rate of 5 per week. Apartment buying in this market AND for the forseeable future is going to be the next big thing.
You need to seriously educate yourself about this subject.

11 of 12 people found the following review helpful.
Nothing “Advanced” about it. A Complete Waste of Time
By C. Burt
I have never written a book review before but after paying for and reading this I am so disappointed that I am going to. The vast majority of the book is consumed by the author trying to justify why investing in real estate is a good investment. Why would one buy and “Advanced Guide to Real Estate” if one didn’t already think it was a good investment? I think he’s just trying to fill up pages so that the book appears to have relevant content. What little advice exists is vague like “do your homework” and “talk with a broker to get the market cap rate.” When talking about how to identify a good market he points out his “successful” investment in Las Vegas purchased immediately before the crash. The only interesting part of the book, his analysis of what he thinks are going to be the top ten real estate markets is from 2008 and obviously quite outdated.

9 of 10 people found the following review helpful.
Advanced Guide…
By Trevor J. Flannigan
The book of the week was The Advanced Guide to Real Estate Investing by Ken McElroy. I think I may have a slight obsession toward real estate books because no matter how many times I read them, I never get bored and I always pick up another tip or remind myself of one I may have forgotten. And… McElroy is one of my favorite authors on the subject. He gives it to the readers straight and concise. I appreciate a person that doesn’t need to add a lot of fluff to their writings.

This week’s book was, like last week’s post, a sequel book. The first book the correlates to this book is The ABC’s to Real Estate Investing. I reviewed it last July… let’s look at the bulk of that post before we get started on this one:

“I know that after reading this book I could make six figures in the business of real estate investing in 5 years or less. The first step is exactly that: Making a goal for yourself. Tell yourself that you want to make more than $100,000 annually in 5 years in multi-unit real estate investing. The goal you set for yourself has to measurable- “over $100,000″, Time based- “5 years”, and specific- “multi-unit real estate investing.”

And now that you have your goal, it is time to hit the ground running. You will need to find a team because great things are seldom done alone. You will want a lawyer, accountant, engineer, etc. People that you can turn to and ask questions when they arise during your research. Another great thing about having a team to help you with your real estate dreams is you have people to keep you accountable. If you have ever worked out.. weight-lifting, running, or biking. You know it is so much easier to succeed when you have a partner to help you through.

You will then have to go out and find your ideal real estate. McElroy line-items just about everything you will need to look for when you are researching. This can be a fun time. Once you find the right property for you, this book will tell you how to find the “right” asking price. In the book there are detailed guides to writing your letter of intent to your buyer and how to go through the final process of acquiring your property.

After you have your property you will need to decide if you are going to be the property manager- the person that handles the landlord duties- or are you going to outsource that job to property management company. I recommend outsourcing for any property over 8 units. Let someone else handle the rent checks, leaks, broken appliances, flooding, evictions, background checks, criminal checks and the list goes on. Outsourcing this job will allow you to work on researching other properties or continuing career goals. Property management companies will charge between 8% and 14% depending on the number of units and the company. However, remember that like all things, you get what you pay for.

As you venture into this new world of Real Estate Investing you may start small with a duplex or a small apartment complex. If you follow the guidelines laid out in this book you will have a steady cash flow to reinvest in new larger properties. The goal that I previously outlined in this review is not far-fetched. If you are motivated, put the excuses aside, believe in yourself, and really go for it you can reach this goal. In the current economy you have a goldmine of opportunity. Go do some research and put yourself out there. Interest rates are low and everybody is selling. It’s a buyer’s market, so take advantage!”

You can see how much the original book got me psyched up. This one got me pretty excited too. I know that when I start to lose a little bit of fire, I can read a Rich Dad series book and get myself refocused and back on track mentally. And trust me, it’s needed sometimes. When you start to think big and do big things, you will have everyone tell you that you shouldn’t try and you need people around you to encourage you… even if some of those people are authors with words inside a book.

In the Advanced Guide, McElroy is thinking even bigger. He writes about multi-family investing on a very large scale. The buildings talked about in this book range from 100-400 units. That is very large, especially if you haven’t done any real estate investing yet. However, I think that large apartment complexes are the right way to go after you get your feet wet. When you have large apartment complexes you will most likely purchase the place with an on-site management company. This is a huge perk because it allows very close management of the property. If you have a ton of duplexes you don’t have the luxury of on-site management, meaning bad tenants (heaven forbid you end up with very many) can get away with more bad things.

Additionally, the purchasing power you can muster when you buy a large apartment complex can be staggering. Investors are more likely to invest one big lump sum instead of the same amount invested over 50 different duplexes at different times. Besides the amount of time you would be consuming to get 50 different meeting times with managers to show them due diligence on each property. You would have to somehow find the time to do due diligence on 50 difference duplexes. It just makes more sense in terms of efficiency to consolidate your efforts into one sure-fire investment.

I do think that if you are planning to do a big project like the ones outlined in this book that you need to first start small. This is what I call getting your feet wet. Go ahead and save a sizable amount of money for a down-payment. Depending on where you live anywhere from $5-15k will work. Then find some nice duplexes or fourplexes, do your due diligence on each property and work with your team to determine whether it is a good investment and then go for it. The most difficult thing for people during all of this is taking the “risk.” Well, if all the numbers work out and your team feels good about it. The “risk” is probably much more minimal than you think. I encourage you all to get your feet wet and go for it… You will be taking one big step toward financial freedom and the ability to live the lifestyle you desire.

I think this book was a great sequel and I encourage you to pick it up and give it a read if you have the courage to give it a try. Again, McElroy is a great author and I have loved every book I have read by him and I think you will feel the same. As always, if you have any questions on the book don’t hesitate to ask. I would be more than happy to help anyone that wants it.

See all 14 customer reviews…

During the eight years since the publication of Maintenance Excellence: Optimizing Equipment Life-Cycle Decisions the business surroundings has changed drastically. Globalization, consolidation, and changes in engineering science challenge asset management and maintenance masters to be more efficient. Globalization and consolidation have been exceptionally instrumental in the changes in maintenance standards, approaches, and the use of engineering science to become more effective and cost effective. Reflecting all this and more, the second edition has been renamed: Asset Management Excellence: Optimizing Equipment Life-Cycle Decisions.

New in the Second Edition:

• Two new chapters on Maintenance Management Fundamentals
• Coverage of leadership issues, the implementation of new processes, and modify management
• Discussion of the design stage and key components for successful implementation
• Understanding the dynamic influences and optimization of spares management
• Updated case studies
• Introduction to new software packages that optimize a potpourri of maintenance and substitute decisions

Although there have been patterns and trends that have emerged around the world in asset management, the root principles are the same—personnel with tools go out to address the needs of sustaining assets. However, some of the tools, technologies, and thought processes have evolved and matured to concede a rethinking of the deeper maintenance processes. For this edition, a new set of writers and subscribers have revisited the content, altered information, and added new content based on the passage of time, changes in thinking, and the introduction and betterment in technologies.

Product Details

• Amazon Sales Rank: #699065 in Books
• Published on: 2010-11-19
• Original language: English
• Number of items: 1
• Dimensions: .0″ h x .0″ w x .0″ l, .0 pounds
• Binding: Hardcover
• 496 pages

Burgandy Asset Management Photo

Burgandy Asset Management Pic

Burgandy Asset Management Picture

Burgandy Asset Management Pic

About the Author
Mark Berman is counsel in the Legal, Compliance and Audit Group of Threadneedle Asset Management Limited, and advises on hedge fund legal, corporate governance and AML issues, and regulatory matters. He has counselled multi-national banks and investment firms on compliance, electronic syndication and international regulatory matters. From 1985 to 1990, he was a lawyer with the Divisions of Corporation Finance and Market Regulation at the U.S. Securities and Exchange Commission where he worked on domestic and international disclosure and merchandising exercises issues. Mr Berman, who has lectured on law and regulation at the London Business School, is a fellow member of the Advisory Council of the SEC Historical Society.

Now in it is sixth edition, this is the definitive guide to how the US federal securities laws and the rules and regulatings of the SEC apply outside the United States.

The sixth edition of this seminal work – the only publication of it is kind in the world gives you a practical approach to the key issues facing global market participants. These include SEC practice, public offers with US-registered tranches, private placements, cross-border M&A activities, the regulation of non-US cash managing directors and hedge fund advisors, broker-dealer regulation and exemptions, exemptions for providing hedge funds to US persons, compliance with SEC requisites for non-US advisers and broker dealers and key regulatory and enforcement activenesses involving the Foreign Corrupt Practices Act, insider trading, hedge fund fraud and other matters.

This edition is the basi publication to cover these, and other, substantial developments:

• Sarbanes-Oxley – new guidance for management on internal controls and definitions of material weaknesses and substantial deficiency, and PCAOB AS 5;
• the roadmap to end IFRS-US GAAP reconciliations;
• FCPA enforcement developments and actions;
• how the Securities Offering Reforms and free writing prospectuses affect public offers;
• the new alien private issuer deregistration regime;
• developments in mutual acknowledgement for exchanges and, possibly, broker-dealers;
• PIPE enforcement cases;
• the scaled down keeping amount of time for restricted securities and other changes in private placements;
• new Advisers Act rule 206(4)-8 to prohibit investment advisers from making untrue or misleading affirmations to investors in sure pooled investment vehicles, including hedge funds (adopted following Goldstein v SEC that invalidated the private fund investment adviser rule);
• a new interpretation on client commissions underneath the soft dollar safe harbour;
• how the SEC’s Office of Compliance Inspections and Examinations inspects non-US investment managers and broker-dealers, and what is involved in compliance for these entities;
• changed disclosure necessaries for executive and conductor compensation, conductor independence and other corporate matters;

Edited by Mark Berman – a former SEC lawyer and an internationally-recognised expert on SEC regulation. An necessary handbook for anybody with a senior compliance obligation at public companies, asset management firms and investment banks.

Product Details

• Amazon Sales Rank: #1664888 in Books
• Published on: 2007-12-21
• Original language: English
• Binding: Hardcover
• 300 pages

Spinner Asset Management Pic

Spinner Asset Management Pic

Spinner Asset Management Pic

Spinner Asset Management Pic

About the Author

Prior to joining EDHEC-Risk, Bernd Scherer was Managing Director and Global Head of Quantitative Asset Allocation at Morgan Stanley in London. Previously, he was with Deutsche Asset Management where he successively headed the Investment Solutions and Overlay Management Group in Frankfurt, and Global Quantitative Research and Portfolio Engineering from New York. Bernd has 16 years of investment experience within top financial institutions. He has published over 50 articles in leading academic and practitioner journals and is a board fellow member of the London Quant Group.

Kenneth Winston is Chief Risk Officer at Western Asset Management and a Lecturer in Economics at the California Institute of Technology in Pasadena. Previously Dr. Winston was Chief Risk Officer at Morgan Stanley Investment Management in New York and an Adjunct Professor of financial mathematics at the Courant Institute of Mathematical Sciences at New York University. He started out his financial career as a quantitative portfolio manager after having taught mathematics at Rutgers University. Dr. Winston, who received his PhD in pure mathematics from the Massachusetts Institute of Technology, is the author of galore articles and papers in mathematics and finance.

Quantitative portfolio management has become a highly specialized discipline. Computing power and software improvements have progressed the field to a level that would not have been thinkable when Harry Markowitz started out the modern era of quantitative portfolio management in 1952. In addition to raw computing power, major advances in financial economics and econometrics have shaped academia and the financial industry over the last 60 years. While the idea of a ordinary theory of finance is still only a distant hope, asset managers now have tools in the financial technology kit that address specific difficulties in their industry. The Oxford Handbook of Quantitative Asset Management comprises of seven divisions that explore major themes in current theoretical and practical use. These themes span all distinct elements of a modern quantitative investment organization. Contributions from academics and practitioners working in leading investment management organizations fetch together the key theoretical and practical distinct elements of the field to provide a comprehensive overview of the major developments in the area.

Product Details

• Amazon Sales Rank: #720090 in Books
• Published on: 2012-02-20
• Original language: English
• Number of items: 1
• Dimensions: .0″ h x .0″ w x .0″ l, .0 pounds
• Binding: Hardcover
• 608 pages

Asset Deutsche Management Picture

Asset Deutsche Management Image

Asset Deutsche Management Picture

Asset Deutsche Management Photo

About the Author
Greg N. Gregoriou is professor of finance in the School of Business and Economics at State University of New York (Plattsburgh). He has published twenty-five books and is coeditor for the peer-reviewed Journal of Derivatives and Hedge Funds and editorial board fellow member for the Journal of Wealth Management, Journal of Risk Management in Financial Institutions, and Brazilian Business Review.

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For investors, peril is in regards to the odds of losing money, and Value at Risk (VaR) is grounded in that common-sense fact. VAR modeling answers, “What is my worst-case scenario?” and “How much could I lose in a actually bad month?”

However, there has not been an effective guidebook available to support investors and financial managers make their own VaR calculations–until now.

The VaR Implementation Handbook is a hands-on road map for masters who have a solid background in VaR but need the critical strategies, models, and perceptivenesses to implement their psychological result of perception learning and reasoning in the real world.

Heralded as “the new science of risk management,” VaR has emerged as the dominant methodology employed by financial foundations and corporate treasuries global for estimating incisively how much cash is at danger each day in the financial markets. The VaR Implementation Handbook picks up where other books on the subject leave off and demonstrates how, with proper implementation, VaR may be a valuable tool for assessing risk in a potpourri of areas-from equity to structured and operational products.

This finish guide exhaustively covers the three major areas of VaR implementation–measuring, modeling risk, and managing–in three commodious sections. Savvy masters will keep this handbook at their fingertips for its:

• Reliable counsel from 40 recognized experts working in universities and financial foundations around the world
• Effective methods and measures to assure that enforced VaR models maintain optimal performance
• Up-to-date coverage on newly exposed areas of volatility, including derivatives

Real-world successfulness requires making informed financial decisions. The VaR Implementation Handbook is a step-by-step playbook to getting the most out of VaR modeling so you may with great success manage financial risk.

Product Details

• Amazon Sales Rank: #2048958 in Books
• Published on: 2009-02-19
• Original language: English
• Number of items: 1
• Dimensions: 1.91 pounds
• Binding: Hardcover
• 624 pages

Deutsche Bank Asset Management Pic

Deutsche Bank Asset Management Image

Deutsche Bank Asset Management Picture

Deutsche Bank Asset Management Photo

Review
“With the number of corporate bond defaults up sharply over the lows of the middle-to-late 1990s, Creating Value through Corporate Restructuring: Case Studies in Bankruptcies, Buyouts, and Breakups (John Wiley & Sons, Inc.) is reaching the market at an apt moment. The book, which is written by Harvard Business School Professor Stuart Gilson, employs the case study method to closely question or examine the restructuring of the claims of creditors, shareholders, and employees. Of greatest interest to high yield and distressed investors is the division on financial distress, which studies such intimate companies as Continental Airlines, Flagstar Companies, The Loewen Group, and National Convenience Stores. Gilson likewise provides a market survey of distressed investing, exploring such subtle differences in meaning or opinion or attitude as prepackaged bankruptcy, “bondmail” (gaining control of a class of debt to block approval of a reorganization plan), exit strategies, tax issues, and disqualification of votes on a bankruptcy reorganization plan. Creating Value through Corporate Restructuring also addresses company overhauls that occur outside the context of potential or actual bankruptcy. Techniques include issuance of tracking stock, spin-offs, layoffs, plant closings, revisions of employee retirement benefits, and mergers. Gilson maintains a international perspective, incorporating cases not only from the United States, but also from Germany and Thailand.”– High Yield, a Merrill publication by Marty Fridson

“… Stuart Gilson, of the Harvard Business School, has managed to write a book essential to everyone in the distressed market that is likewise rather enjoyable. His prose is liquid and succinct and a pleasure to read. . . The text covers 13 corporate restructurings focusing on debt workouts, vulture investing, equity spinoffs, tracking stock, asset divestitures, employee layoffs, corporate downsizing, M & A, HLTs, wage give-backs, employee stock buyouts, and the restructuring of employee gain plans. . . . this is an in particular valuable text for anybody working in the distressed market.” (Turnarounds & Workouts Magazine, Review by David M. Henderson)

Gilson’s book provides a significant framework for analyzing any restructuring and a guide to respective tools and further and added references….Detailed exhibits at the end of each chapter provide the hard, quantifiable financial and industry selective information that management and stakeholders must interpret to plan, negotiate, and carry out a restructuring. The exhibits are peculiarly perceptive and provide examples of number of things from which only one can be chosen for presenting applicable factual data on complex restructurings. (The Journal of Corporate Renewal)

Review
“Gilson reminds readers that the devil is veritably in the details, filling the 516-page text with real and specific financial data, flow charts, and stats to illumine each case. A portable version of Gilson’s course, Creating Value through Corporate Restructuring gives readers the chance to learn the intricacies of this more and more critical management procedure in today’s volatile business climate.” (The Harvard Business School Bulletin, December 2001)

?The info provided in Gilson?s book is the next best thing to being there. For those of us who are outside the major industrial and business centers and deal with littler corporate bankruptcies, the book provides a utile source of selective information for originative solutions. The level of detail in the book is exceptional. . . . Gilson gives a sense of the determining the direction of travelling of that occurs behind the scenes in each workout and bankruptcy case.? (American Bankruptcy Institute Journal)

From the Publisher
“Gilson reminds readers that the devil is genuinely in the details, filling the 516-page text with real and specific financial data, flow charts, and stats to illumine each case. A portable version of Gilson’s course, Creating Value through Corporate Restructuring gives readers the probability to learn the intricacies of this progressively critical management procedure in today’s volatile business climate.” (The Harvard Business School Bulletin, December 2001)

An modified look at how corporate restructuring in truth works

Stuart Gilson is one of the leading corporate restructuring experts in the United States, instructing thousands of students and consulting with galore companies. Now, in the second edition of this bestselling book, Gilson returns to present new clear or deep perception into corporate restructuring.

Through real-world case studies that implicate a great deal of of the most prominent restructurings of the last ten years, and highlighting the increased role of hedge funds in distressed investing, you’ll invent a better sense of the restructuring procedure and how it may genuinely manufacture value. In addition to “classic” buyout and structuring case studies, this second edition includes coverage of Delphi, General Motors, the Finova Group and Warren Buffett, Kmart and Sears, Adelphia Communications, Seagate Technology, Dupont-Conoco, and even the Eurotunnel debt restructuring.

• Covers corporate bankruptcy reorganization, debt workouts, “vulture” investing, equity spin-offs, asset divestitures, and much more
• Addresses the effect of employee layoffs and corporate downsizing
• Examines how companies allocate value and when a corporation ought to “pull the trigger”

From hedge funds to financial fraud to subprime busts, this second edition offers a rare look at numerous of the most modern and disputable restructurings ever.

Product Details

• Amazon Sales Rank: #24111 in Books
• Published on: 2010-04-05
• Original language: English
• Number of items: 1
• Dimensions: 1.90″ h x 6.20″ w x 9.00″ l, 2.65 pounds
• Binding: Hardcover
• 814 pages

W R Huff Asset Management 2 Photo

W R Huff Asset Management 2 Image

W R Huff Asset Management 2 Pic

W R Huff Asset Management 2 Photo

13 of 13 people found the following review helpful.
Good book but needs a companion text
By A
This is a very good case book, complete with intricate case studies illustrating numerous aspects of challenges often faced in restructuring in bankruptcy. However, the book assumes a level of knowledge about M&A concepts that many readers may not have. Consequently, I would recommend using this book in conjunction with another excellent text by DePamphilis entitled Mergers and Acquisitions: Integrated Approach. There are two editions. The second edition is more complete and up to date. It also tackles some of the problems illustrated in this book.

7 of 7 people found the following review helpful.
Absolutely a must read
By Aaron Wu
This is an excellent book on understanding the framework used to analyze corporate restructurings and how corporate restructurings are playing an increasingly important role in creating shareholder value. Using recent case studies from various industries, Dr. Gilson effectively illustrates how companies restructure debt, contracts with shareholders, and contracts with employees. Topics such as Chapter 11 bankruptcy protection, out-of-court restructurings, corporate spin-offs, equity carve-outs, tracking stocks, and layoffs are covered. The case study method is extremely helpful in providing the ever important management’s viewpoint of the restructuring process. With input from executives, investment bankers, attorneys, investors, and other key participants, readers have access to the inside scoop of various transactions that is generally not available to the public. Based on my experience executing various “Corporate Clarity” transactions with the M&A group at J.P. Morgan, I can say Dr. Gilson has done a fantastic job explaining why companies restructure and how it impacts market valuation. This book is a must read for anyone seriously interested in understanding the rationale behind mergers and acquisitions from a strategic, financial, and legal perspective.

7 of 7 people found the following review helpful.
Valuable Reading for the Seasoned Professional and Novice
By Victor G. Caruso
Having spent most of the last 20 years in the financial/corporate restructuring world, I have continued to search for useful and interesting literature on the subject. Having read many of Professor Gilson’s prior published papers, combined with endorsements for the book from many of the “Deans” of the restructuring world, the “purchase decsion” was an easy one. I was not disappointed!

The book is useful and refreshing for restructuring industry participants at all levels from seasoned executives to novices. I have drawn on the concepts and problems outlined in a variety of situations, including brainstorming about particularly difficult issues concering client matters to assisting in the development of objectives for some of my firm’s internal training materials.

I found the chapter on “Investing in Disressed Situations” combined with the two appendices on technical analyses (some of which I had previously read as journal papers) to be excellent summaries. These would prove useful to any reader and especially helpful to newer participants or students of financial restructuring.

Coporate Restructuring is designed as a case study text book. To some, including myself having received an MBA from the University of Chicago, this approach can be somewhat awkward. The advantage of the approach, especialy in restructuring, is that it does emulate the real world situation faced by turnaround/crisis management practitioners and investment bankers. The devolpment of the “theory” or “solution” is left to the reader. This is the correct approach since each restructuring case tends to be “unique and hand crafted”—”cook book” approaches can lead to incorrect answers and disastrous results for clients.

Coporate Restructuring is a “must read” for students of restructuring. It belongs in the library of all practitioners, principals and agents, in this area.

See all 38 customer reviews…

During the eight years since the publication of Maintenance Excellence: Optimizing Equipment Life-Cycle Decisions the business surroundings has changed drastically. Globalization, consolidation, and changes in engineering science challenge asset management and maintenance pros to be more efficient. Globalization and consolidation have been particularly instrumental in the changes in maintenance standards, approaches, and the use of technology to become more effective and cost effective. Reflecting all this and more, the second edition has been renamed: Asset Management Excellence: Optimizing Equipment Life-Cycle Decisions.

New in the Second Edition:

• Two new chapters on Maintenance Management Fundamentals
• Coverage of leadership issues, the implementation of new processes, and change management
• Discussion of the design stage and key constituents for successful implementation
• Understanding the dynamic influences and optimization of spares management
• Updated case studies
• Introduction to new software packages that optimize a assortment of maintenance and alternate decisions

Although there have been patterns and trends that have emerged around the world in asset management, the root principles are the same—personnel with tools go out to address the needs of preserving assets. However, a good deal of of the tools, technologies, and thought processes have evolved and matured to concede a rethinking of the deeper maintenance processes. For this edition, a new set of writers and subscribers have revisited the content, altered information, and added new content based on the passage of time, changes in thinking, and the introduction and betterment in technologies.

Product Details

• Amazon Sales Rank: #688922 in Books
• Published on: 2010-11-19
• Original language: English
• Number of items: 1
• Dimensions: .0″ h x .0″ w x .0″ l, .0 pounds
• Binding: Hardcover
• 496 pages

Bts Asset Management Photo

Bts Asset Management Image

Bts Asset Management Photo

Bts Asset Management Photo

Review

The collection of topics covered is rather impressive. … this book ought to serve as a valuable reference provided that one has sufficient background in finance, prospect theory, and stochastic processes. It is self contained, and the formal background for each model is conservatively described. This work also does an splendid occupation of supplying an accessible source for some of the most recent financial models and latest Monte Carlo methods for their application.
—Maria L. Rizzo, The American Statistician, November 2011

This book is a comprehensive canter through the respective Monte Carlo methods and their application in a lot of financial models before rounding off with a high level assessment of their role within the insurance industry. The book covers a wide range of methods and models from old favourites like the Black-Scholes model to recent developments such as the multilevel Monte Carlo method. … the writers cleverly weave in example algorithms allround the book which allows the user to mock up simple examples of the method. … a good reference book which was comprehensive in it is coverage of the methods and financial models available. The book surely brought to my attention methods and apps I was incognizant of with discussion of a heap of very recent developments. … what stood out with regards to the book for me (apart from the wide coverage) was the use of example algorithms and numbers by the authors.
—Annals of Actuarial Science, Vol. 5, June 2011

This book takes a straightforward line to talk about Monte Carlo experiments with financial and insurance applications, supplying a step-by-step approach to Monte Carlo methods with broad description of the algorithms required. … this book includes a stringent and concise description of a lot of financial models and offers an up-to-date survey of this literature. This indepth book may be seen as a handbook on Monte Carlo methods and models for practitioners in finance and may be employed in graduate courses on simulation models, numerical methods, financial mathematics, actuarial models and financial econometrics. It is surely a toolkit of models and their sameness Monte Carlo algorithms for practitioners and researchers in finance and insurance.
—Journal of the Royal Statistical Society: Series A, July 2011

About the Author

Ralf Korn is a professor of financial mathematics at the University of Kaiserslautern and a fellow member of the scientific advisory board of Fraunhofer ITWM in Kaiserslautern, Germany.

Elke Korn is an independent financial mathematics advisor in Kaiserslautern, Germany.

Gerald Kroisandt is a financial mathematician at Fraunhofer ITWM, in Kaiserslautern, Germany.

Offering a distinctive remainder amongst apps and calculations, Monte Carlo Methods and Models in Finance and Insurance incorporates the application background of finance and insurance with the theory and apps of Monte Carlo methods. It presents recent methods and algorithms, including the multilevel Monte Carlo method, the statistical Romberg method, and the Heath–Platen estimator, as well as recent financial and actuarial models, such as the Cheyette and dynamic mortality models.

The writers separately talk about Monte Carlo techniques, stochastic procedure basics, and the theoretical background and intuition behind financial and actuarial mathematics, before bringing the topics together to utilise the Monte Carlo methods to areas of finance and insurance. This allows for the easy identification of ordinary Monte Carlo tools and for a elaborated focus on the main principles of financial and insurance mathematics. The book describes high-level Monte Carlo methods for general simulation and the simulation of stochastic processes with ceaseless and discontinuous paths. It also covers a wide selection of frequent models in finance and insurance, from Black–Scholes to stochastic volatility to interest rate to dynamic mortality.

Through it is a heap of numerical and graphical illustrations and simple, perceptive examples, this book provides a deep understanding of the scope of Monte Carlo methods and their use in respective financial situations. The intuitive making something publicly available inspires readers to utilize and further invent the simulation methods.

Product Details

• Amazon Sales Rank: #1141733 in Books
• Published on: 2010-02-26
• Original language: English
• Number of items: 1
• Dimensions: 1.20″ h x 6.30″ w x 9.30″ l, 1.75 pounds
• Binding: Hardcover
• 484 pages

Moneta Asset Management Picture

Moneta Asset Management Picture

Moneta Asset Management Picture

Moneta Asset Management Photo

0 of 2 people found the following review helpful.
great
By Rags
book came in on time using amazon prime. the book was in good quality as stated, almost new. great job on everything,

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In today’s hot real estate market, owning and benefitting from rental property is a compelling scheme to a good deal of potential investors and the number of rental property investors is exploding. Success stories of rental property investment are routinely the subject of newspaper and television specials, day or night.

But what is the reality? Is it as easy and profitable as “they” say? The answer to these and a good deal of more practical and refreshingly honorable views of rental property investing are answered in this essential new book.

First-time and seasoned investors will learn:

• The types of properties that are suitable for each person capitalist

• What market conditions are best for buying, holding, or flipping the property

• New number of things from which only one can be chosen for financing investment property

• Which properties need just cosmetic work and which properties must be fended off

CD holds a finish electronic version of the book as well as the “Socrates Real Estate Dictionary” and “Socrates Personal Finance Dictionary” – both designed to offer simple explanations to at times perplexed real estate and financial terms.

* FREE $100.00 value As an added bonus for Socrates’ book buyers, an entire web page is consecrated to free content, forms, worksheets, advice, and real estate.

Product Details

• Amazon Sales Rank: #2354258 in Books
• Published on: 2006-02
• Original language: English
• Number of items: 1
• Binding: Paperback
• 226 pages

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