https://www.chenshaowen.com/en/tags/finance/Recent content in Finance on Shaowen Chen's WebsiteHugo -- gohugo.ioen©2016 - {year}, All Rights Reserved.Tue, 18 Feb 2020 00:00:00 +0000weeklyhttps://www.chenshaowen.com/en/blog/book/roses-of-time.htmlTue, 18 Feb 2020 00:00:00 +0000Tue, 18 Feb 2020 00:00:00 +0000https://www.chenshaowen.com/en/blog/book/roses-of-time.htmlAuthor: Dan Bin Subtitle: Dan Bin’s Investment Notes Publisher: CITIC Press Publication Year: 2018-06 ISBN: 9787508688640 Notes: This book mainly collects the author’s thoughts and analyses on investment from the 200X years. Bei Dao’s The Rose of Time accompanied the author through his hardest times, so he borrowed the same name.WeChat Official AccountBooksFinanceInvestmentReadingValue Investinghttps://www.chenshaowen.com/en/blog/book/the-economic-trend-reality.htmlSat, 25 Mar 2017 12:15:01 +0000Sat, 25 Mar 2017 12:15:01 +0000https://www.chenshaowen.com/en/blog/book/the-economic-trend-reality.htmlAuthor: Shi Hanbing Publisher: Shanghai University of Finance and Economics Press Publication Year: 2014-7-1 ISBN: 9787564219239WeChat Official AccountBooksFinanceEconomicsThoughtshttps://www.chenshaowen.com/en/blog/book/the-economic-trend-future.htmlSat, 25 Mar 2017 12:09:51 +0000Sat, 25 Mar 2017 12:09:51 +0000https://www.chenshaowen.com/en/blog/book/the-economic-trend-future.htmlAuthor: Shi Hanbing Publisher: Shanghai University of Finance and Economics Press Publication Year: 2014-7-1 ISBN: 9787564219352 Notes: The author applies a fractal analysis to China’s debt, real estate, demographics, and food supply, and is deeply anxious about the current situation. He applies the same fractal analysis to the economic and political circumstances of geopolitical nations, explaining the reach of the US dollar, the unrivaled supremacy of financial warfare, and the contests between China and its neighbors such as Russia, India, Vietnam, and Japan.WeChat Official AccountBooksFinanceEconomicsThoughtshttps://www.chenshaowen.com/en/blog/book/antifragile-things-that-gain-from-disorder.htmlSat, 25 Feb 2017 12:53:20 +0000Sat, 25 Feb 2017 12:53:20 +0000https://www.chenshaowen.com/en/blog/book/antifragile-things-that-gain-from-disorder.htmlAuthor: Nassim Nicholas Taleb (US) Subtitle: Gaining from Uncertainty Original title: Antifragile: Things That Gain from Disorder Publisher: CITIC Press Publication Year: 2014-01-01 ISBN: 9787508643335WeChat Official AccountBooksFinanceGame TheoryThoughtsRiskhttps://www.chenshaowen.com/en/blog/block-chain-an-innovation-triggered-by-credit-cost-reduction.htmlTue, 14 Feb 2017 09:19:48 +0000Tue, 14 Feb 2017 09:19:48 +0000https://www.chenshaowen.com/en/blog/block-chain-an-innovation-triggered-by-credit-cost-reduction.html1. How Society Runs on Credit First, let’s do a Q&A: @ask:Why can you ride the bus with just a card? @answer:Because I topped it up. @ask:Money? Then where did your money come from? @answer:My monthly salary. @ask:Why does the company pay you a salary every month? @answer:We signed a contract.WeChat Official AccountThoughtsDataBlockchainFinancehttps://www.chenshaowen.com/en/blog/black-scholes-option-pricing-model.htmlSun, 12 Feb 2017 10:23:51 +0000Sun, 12 Feb 2017 10:23:51 +0000https://www.chenshaowen.com/en/blog/black-scholes-option-pricing-model.html1. The Significance of the Black-Scholes Option Pricing Model The Black-Scholes model and some of its variants have been widely used by option traders, investment banks, financial managers, insurers, and others. The expansion of derivative instruments has made international financial markets more efficient, but it has also made global markets more volatile.WeChat Official AccountFinanceTradingOptionsPricinghttps://www.chenshaowen.com/en/blog/book/the-black-swan.htmlSat, 11 Feb 2017 17:09:35 +0000Sat, 11 Feb 2017 17:09:35 +0000https://www.chenshaowen.com/en/blog/book/the-black-swan.htmlEnglish title: The Black Swan Subtitle: How to Deal with an Unpredictable Future Author: Nassim Nicholas Taleb Translator: Wan Dan Publisher: CITIC Press Publication Year: 2009-8 ISBN: 9787508616018 Notes: The author uses his own experiences — the Lebanese war, a journalist’s war diary, a stock market crash, Yevgenia’s book — as his entry points, describing from personal experience this world that lives in uncertainty.WeChat Official AccountBooksFinanceLifeThoughtsRiskhttps://www.chenshaowen.com/en/blog/what-is-the-quant.htmlFri, 10 Feb 2017 19:23:05 +0000Fri, 10 Feb 2017 19:23:05 +0000https://www.chenshaowen.com/en/blog/what-is-the-quant.html1. What a Quant Does A quant’s job is to design and implement mathematical models for finance, including derivative pricing, risk valuation, and predicting market behavior. 2. Types of Quants Desk quant, who develops pricing models used directly by traders. The advantage is being close to the money and the opportunities encountered in trading.WeChat Official AccountFinanceQuantQuantitativeLearninghttps://www.chenshaowen.com/en/blog/bond-term.htmlFri, 26 Aug 2016 16:23:14 +0000Fri, 26 Aug 2016 16:23:14 +0000https://www.chenshaowen.com/en/blog/bond-term.html1. Class C Accounts Settlement members of the interbank bond market are divided into Class A members, Class B members, and Class C members. Class A accounts are mainly commercial banks; Class B accounts are rural credit institutions, securities firms, funds, and insurers; Class C accounts are mainly non-financial institutional legal entities, whose trading settlement must be entrusted to a Class A member to handle on their behalf.WeChat Official AccountBondsFinanceLearningTerminologyPersonal Financehttps://www.chenshaowen.com/en/blog/book/liars-poker.htmlWed, 24 Aug 2016 17:17:23 +0000Wed, 24 Aug 2016 17:17:23 +0000https://www.chenshaowen.com/en/blog/book/liars-poker.htmlSubtitle: Wall Street’s Investment Game English title: Liar’s Poker Author: [US] Michael Lewis Publisher: CITIC Press Publication year: 2007-1 ISBN: 9787508607559WeChat Official AccountBooksGame TheoryFinanceWall Streethttps://www.chenshaowen.com/en/blog/investment-clock.htmlWed, 24 Aug 2016 11:06:59 +0000Wed, 24 Aug 2016 11:06:59 +0000https://www.chenshaowen.com/en/blog/investment-clock.htmlThe Merrill Lynch Investment Clock theory is a method that links assets, industry rotation, the bond yield curve, and the four stages of the economic cycle. It is a very practical tool for guiding investment cycles. The analytical framework of the Merrill Lynch Investment Clock can help investors identify the important turning points of the economic cycle.WeChat Official AccountBooksInvestingFinanceEconomicshttps://www.chenshaowen.com/en/blog/book/the-troubled-wall-street.htmlThu, 18 Aug 2016 08:47:38 +0000Thu, 18 Aug 2016 08:47:38 +0000https://www.chenshaowen.com/en/blog/book/the-troubled-wall-street.htmlAuthor: Yu Yang Subtitle: The Experience of a Chinese Trader Publication Year: 2011-3-2 ISBN: 9787300132440 Notes: ROE = 净利润／股东权益(Net Profit / Equity) =（净利润/销售收入）*（销售收入WeChat Official AccountBooksFinanceTradinghttps://www.chenshaowen.com/en/blog/book/the-ascent-of-money.htmlTue, 26 Jul 2016 10:43:50 +0000Tue, 26 Jul 2016 10:43:50 +0000https://www.chenshaowen.com/en/blog/book/the-ascent-of-money.htmlChinese title: 货币崛起 - How Finance Affects World History English title: The Ascent of Money: A Financial History of the World Author: Niall Ferguson (UK) Publication Year: 2009-6 ISBN: 9787508615073 Notes: Money is in fact a matter of trust, even a kind of faith: trust is embodiedWeChat Official AccountBooksCurrencyFinanceHistoryhttps://www.chenshaowen.com/en/blog/ctp-101.htmlWed, 20 Jul 2016 08:55:13 +0000Wed, 20 Jul 2016 08:55:13 +0000https://www.chenshaowen.com/en/blog/ctp-101.html1. Introduction to the Comprehensive Trading Platform (CTP) The Comprehensive Trading Platform is a futures brokerage business management system developed by Shanghai Futures Information Technology Co., Ltd. for futures brokerage firms, based on the trading system of the Shanghai Futures Exchange. The whole system consists of three major subsystems: trading, risk control (abbreviated as risk control) and settlement.WeChat Official AccountProgram TradingTrading PlatformCompilationFinanceFuturesLearninghttps://www.chenshaowen.com/en/blog/book/reserve-crisis.htmlTue, 19 Jul 2016 08:34:34 +0000Tue, 19 Jul 2016 08:34:34 +0000https://www.chenshaowen.com/en/blog/book/reserve-crisis.htmlChinese title: 金融的本质 - Bernanke’s Four Lectures on the Federal Reserve English title: The Federal Reserve and the Financial Crisis Author: Ben S. Bernanke (US) Publication Year: 2014-4 ISBN: 9787508644097 Notes: The main cause of the 2008 financial crisis was this: financial institutions were overconfident inWeChat Official AccountBooksFinanceEconomicsFederal Reserve