Hedging Demystified
How to Balance Risk and Protect Profit

Do changes in:commodity pricesinterest ratesforeign currency exchange ratesor weatherjeopardize your bottom line?Finally, it’s here: a practical, straightforward book on how to manage those uncertainties. It contains clear illustrations of how futures, options, and swaps work to curb risk. Written for a businessperson by a businessperson, this handbook explains:The mechanics of hedgingHow hedging protects wealthHow to achieve more predictable earnings amid the unpredictableSpecific examples of hedgingHedging opportunities and pitfallsHedging Demystified is an essential guide to any business that deals with commodities, debt, international trade, or weather. This primer on hedging brings clarity and direction to make your business more sustainable. Downloadable illustrations accompany the audiobook.A CPA and former corporate treasurer with over thirty years of business experience, TIM BISHOP has seen hedging from all angles—as scout, strategist, tactician, trader, accountant, supervisor, and treasurer. He knows how to distill the complexities of financial risk for people who are looking for answers.