[.ca] Energy Risk: Valuing and Managing Energy Derivatives (ISBN 0786312319)

Would not buy with my own money:
About 50% of this book is useless. The remaining, quanitative 50% is marginal. But given the relative scarcity of books covering this area, it is certainly worth filling out an expense report

Not for newcomers:
I work in the energy products/generation industry and thought this will help explain what the whole energy-risk field is about. I'm still as confused now as I was before I bought the book .. probably because I dont have a strong background in computational finance. This is defintely not for newcomers and is really geared to the quants.

Not for newcomers:
I work in the energy products/generation industry and thought this will help explain what the whole energy-risk field is about. I'm still as confused now as I was before I bought the book .. probably because I dont have a strong background in computational finance. This is defintely not for newcomers and is really geared to the quants.

Good book on energy, but read with other books:
Overall a very good book on energy derivatives. The author's pratical experience is very valuable. But there are quite a few things to improve: 1. The graphs are not good, particularly date axis. 2. Formulae are not typed well, there are some typos. The publisher can certainly uses some improvement. So if possible, derive the formulae by yourself before using them. This may cost you some money ! 3. The models described in the books are good, but do not use them blindly. It is better to have have solid derivatives background before using these models. J. Hull's book is a good source. Again, this is a good book for people with derivatives background. I'd like to see more examples, rigorious treatment of the formulae and expanded modeling techniques. A must-have for the energy folks...

For the Technically Minded Only.:
This is a very useful book for those who are looking for a basic primer on risk management tools where the examples are specific to energy related derviatives. The test is technical so this is appropriate for those who can understand sophisticated mathematical and statistical concepts. BR>Unfortunately, for someone in that audience the information is not very much different from what they already understand. However, since it uses specific energy examples throughout the text it is useful for those looking for techniques to apply to th energy markets. Also derivatives of the energy markets are reviewed.