Sunday, March 29, 2015

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Product details

File Size: 263105 KB

Print Length: 1508 pages

Publisher: McGraw-Hill Education; 9 edition (January 7, 2016)

Publication Date: January 7, 2016

Sold by: Amazon Digital Services LLC

Language: English

ASIN: B019HX5EOM

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So having just passed both the 220-901 and 220-902 exams today I feel I should write a review of this textbook as study material. My background is currently an Bachelors in IT from a fully online institution with no real industry experience. When i say no real industry experience i mean that i do not work within the IT industry nor have i ever. IT has always been an interest of mine since i was a child yet never went deep into learning much of what this textbook covers. My method of study i chose to read this textbook cover to cover, taking all practice tests at the end of each chapter, along with the included practice exams on the disc. In addition to this text i went further to find online practice exams and Professor Messer videos on Youtube as free self studying material. This textbook, as stated, works perfect for self studying in passing the exam and would make a great reference for any IT support technician toolkit as the on-the-job reference. The material covered everything included within the stated objectives CompTIA provides on their website. The practice tests at the end of each chapter included 10 questions with answer keys. The disc included helped me very little. I took maybe one practice test for each exam and that was all that was included within the disc. Some videos were included but no where near helpful as Professor Messers videos. The book covered the objectives and even went beyond which is why this makes a great on-the-job reference. I was able to finish reading cover to cover within a month. I then crammed the 901 objectives ( which were highlighted throughout the book by the author ) then sat for the exam. A week later i sat for the 902 and within that week crammed all the 902 objectives ( which were also highlighted throughout the book ). Good luck!

Excellent exam guide. I passed the 901 and I'm going to schedule the 902 once my summer schedule settles down. This book is the only resource I used to pass the 901 and I only did a single pass through the book. If you have some experience building your own PC's, tinkering with tech, or anything else similar, this book is likely the only companion resource you need for the exam. Although I did run through the entire book before taking the 901 exam, I would recommend splitting the content where it makes sense between 901 and 902. Prep for the 901, take the 901 exam, and then repeat for the 902. Otherwise, it's a lot of material to digest if you aren't familiar with a big chunk of the concepts already.

As a preface, I have passed the 901, currently preparing for the 902. I used this book for both. This book would be ok if it was better organized, relative to the CompTIA exam objectives. As it is, I have found trying to use this to prepare for either the 901 or 902 exam an exercise in frustration. CompTIA has so clearly organized and clarified the exam objectives by topic, subtopic, etc. But, for whatever reason the author chose to use his own ideas for organizing the material, which does not correlate with CompTIA’s layout. In order to follow the objectives laid out by CompTIA using this book, you have to go thru many different chapters all over the book (28 chapters, over 1200 pages), to find the material within one subtopic, such as the listings for objective 3.3 for the 220-902, finding one piece here, then flipping thru pages or maybe to a chapter hundreds of pages away to find the next listing, etc. Even though the 901 and 902 are two separate exams, the material for both may be contained within the same chapter. There is a mapping to the objectives given in the back of the book, but that doesn’t help much because it’s given by chapter not page so you have to basically read the whole chapter to get dig out the material for one objective. Unless you are prepared to read the whole book from back to front or are prepared to spend a lot of time flipping all over the place I would not recommend this as your only resource for preparing for either exam. It works better as a reference book. But, I also have issues with the index. I have difficulty finding key terms there, even those explicitly given in the CompTIA objectives. So, I wouldn’t recommend it for a quick reference either. Most of the time, I have to resort to the internet to find the information I’m looking for. It may be in the book, but it’s difficult to find, time consuming and frustrating. That just doesn’t make any sense to me, for a book this size. I am a firm believer that the best way to prepare for the exams is to follow the exam objectives as laid out by CompTIA. I believe all the objectives are covered here somewhere but the layout of this book makes finding them too difficult. The screen shots are helpful and overall it is comprehensive. But, it is not well organized for exam preparation.

this is the only comptia a+ book i would recommend. the author does not drift off to complicated things when starting to learn the basics. author also has a sense of humor. there are limited but good external resources that comes with the book. if you want more, you have to pay additional fees online to access all of them. comes with CD which I mainly use as a soft PDF copy of the book. the test bank that is included is very limited. over all, I am happy with the purchase.

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Thursday, March 26, 2015

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Diving and Snorkeling Guide to Australia: Southeast Coast and Tasmania (Lonely Planet Diving & Snorkeling Great Barrier Reef), by Peter Stone


Diving and Snorkeling Guide to Australia: Southeast Coast and Tasmania (Lonely Planet Diving & Snorkeling Great Barrier Reef), by Peter Stone


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Diving and Snorkeling Guide to Australia: Southeast Coast and Tasmania (Lonely Planet Diving & Snorkeling Great Barrier Reef), by Peter Stone

Product details

Series: Lonely Planet Diving & Snorkeling Great Barrier Reef

Paperback: 92 pages

Publisher: Pisces Books; First American Edition edition (July 1, 1992)

Language: English

ISBN-10: 1559920599

ISBN-13: 978-1559920599

Product Dimensions:

6 x 0.2 x 9 inches

Shipping Weight: 7 ounces

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Amazon Best Sellers Rank:

#5,800,998 in Books (See Top 100 in Books)

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Tuesday, March 3, 2015

Free Ebook Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives, 2nd Ed.

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Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives, 2nd Ed.


Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives, 2nd Ed.


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Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives, 2nd Ed.

Review

Authors of financial engineering texts face a quandary: how technical to make a book? It is easy to alienate readers by being too technical, but it is just as easy to write a fluff book that communicates nothing of substance. With this book, authors Bingham and Kiesel have got the balance just right... It is mathematically rigorous but with a practical, reader-oriented focus. Results are expressed formally as mathematical theorems, but the authors skip most proofs. The narrative moves along at a nice clip so you never get bogged down in minutia... Who is the book for? Almost anyone who has a strong background in maths and wants a command of financial engineering theory. www.riskbook.com

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Product details

Hardcover: 438 pages

Publisher: Springer; 2nd edition (May 4, 2004)

Language: English

ISBN-10: 9781852334581

ISBN-13: 978-1852334581

ASIN: 1852334584

Product Dimensions:

9.2 x 1 x 6.1 inches

Shipping Weight: 1.8 pounds (View shipping rates and policies)

Average Customer Review:

5.0 out of 5 stars

4 customer reviews

Amazon Best Sellers Rank:

#2,758,033 in Books (See Top 100 in Books)

Risk-neutral measures are used in the pricing of financial derivatives, financial products derived from underlying assets, such as stocks. They are also called an equivalent martingale measures.The book covers among other things the fundamental theorem of asset pricing, but readers are gently introduced to the necessary mathematics, both continuous and discrete, before the financial applications are developed systematically in the main body of the book, and roughly a third into the book.Comments on the subject of the book: In a complete market, the pricing of a derivative is the discounted expected value of the future payoff, and this is computed under what is called the unique risk-neutral measure.The book is great for a course in the subject, and it has been tested in courses taught by the authors over the years. furthermore, it strikes a nice balance between mathematics and its applications to pricing of financial derivatives. I found the exercises especially helpful.The subject: In a complete market, i.e., no arbitrage opportunities, one can adjust the probabilities of future outcomes such that they incorporate risk premium, and one then takes the expectation under this new (risk-neutral) probability distribution, i.e., the risk-neutral measure.The lack of arbitrage is crucial for existence of a risk-neutral measure. In fact, by the fundamental theorem of asset pricing, the condition of no-arbitrage is equivalent to the existence of a risk-neutral measure. Completeness of the market is also important because in an incomplete markets with a multitude of possible prices for an asset corresponding to different risk-neutral measures.These probability distributions are different from the real-world probability because in the real-world, investors demand risk premia. It is shown that, under the risk-neutral probabilities, all assets have the same expected rate of return, called the risk-free rate, and thus do not incorporate premia.The method of risk-neutral pricing is thus a convenient and powerful tool. Even if it might seem artificial, it is central in the finance.And the theory is beautifully presented in this important book.Review by Palle Jorgensen, July 2013.

I am a PhD student in Applied Math but with only a basic background on Probability (I am on the side of Analysis, Differential Equations and Topology) and I was looking for a comprehensible textbook on options and derivatives with a probabilistic approach. I wanted a readable, preferably self contained text in pricing financial products with both discrete and continuous stochastic processes, and this text was the right choice.This text is self contained: it gives you all the probability background you need in order to understand stochastic processes in both discrete and continuous time. True, you need basic background on probability but just an undergraduate course.The authors use thoroughly the Arbitrage principle just as a physicist uses Newton's law: they build up portfolios and then they use arbitrage (like F=ma) to derive the solution. This idea of "no arbitrage" as the basis of finance can be contested but it is the standard way to proceed when valuating derivatives. I have read several books on derivatives and this was the first one that taught me the very principle behind all the finance: "the fair price of a product is such that there is no free lunch without taking risks", or as the authors say, one should discount everything and take expected values under risk neutral probabilities.The book proves everything but the huge and technical theorems like e.g. Ito's, Feynman-Kac's or Girsanov's. It is OK since the emphasis is on the relevant concepts and their correct use and interpretation and not on hard mathematics: the heavy proofs and constructions are outlined and references are mentioned.If you are interested in the hard proofs I suggest Oksendal "Stochastic Differential Equations", and if you are looking for a non probabilistic approach of pricing derivatives I strongly recommend Wilmott "Quantitative finance", which is PDE based.

This book covers quite a few fields (axiomatic probability, stochastic processes, financial theory) to the extent that they relate to valuation of securities. Naturally, the scope of coverage in such a brief tome (< 300 p.) is limited. It is written clearly and with precision, with sufficient number of exercises provided at chapters' ends. I would say that it goes to greater depth than Neftci, and is far more rigorous than Wilmott. Incomparably easier to understand than Merton. The only shorcomings I can find are relative paucity of examples and inadequate Index.

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