Title: An elegant introduction to heavy tails and skewness
Product review: The book provides a very elegant introduction to heavy tails and skewness, and their implications for risk management, portfolio selection, and option pricing. The "theoretical part" of the book is a gem in the way it eases the reader into (advanced) quantitative concepts such as copulas, stable distribution, risk measures, time-series models, etc. There are many other texts out there that provide thorough technical desciptions of the above-mentioned concepts. However, rarely a book has presented them so effortlessly and with so much intuition. A reader interested in contemporary issues in empirical finance will surely find this book very useful.
Would you say this review depicts the product in a flattering or unflattering light?
