Review: A Comprehensive Guide to Derivatives
Rating: 5 out of 5
Date: 11 16, 2013
I, like most people know what stocks are, I know what bonds are, and I know where to purchase them if I want to, I know how to research them to maximize the likelihood of success.  Derivatives, though, I had no clue what they were, what they did, or why I would want them.  When a colleague was discussing Derivatives with another colleague, though, my interest was piqued, and I went in search of more information.  I am thrilled that I found Mr. Northcott's book.The author of this book, Alan Northcott, is not only a professional in the financial filed, but he has excellent communication skills when it comes to bringing extremely difficult and complex information to a regular person without a degree in economics. After reading `The Complete Guide to Investing In Derivatives: `How to Earn High Rates of Return Safely' I feel like I am able to understand what derivatives are, how they work, and more importantly, why I should invest in them.Mr. Northcott does an extremely good job of explaining this very complex subject.  His writing skills are top notch, and he has a wonderful ability to explain things in terms that a novice like me can understand, but yet still offer insight to those who are already well versed in Derivatives.  I appreciate that he took the time to explain the history of derivatives, and I appreciate the fact that he didn't make me feel inferior because I didn't know anything about them when I started reading.  I highly recommend this book for anyone seeking more information on Derivatives or to anyone wishing to diversify their portfolio with derivatives.