Publisher's Synopsis
"RESET" addresses key fundamentals of how most Financial Models used as of March 2019 work in order to detect theerrors they contain. These errors may impair your Fiduciary Duty.This book helps you to sharpen the questions to challenge financial models, so you know what you are really signing off.The book is written in simple language without technicalities in order to allow you to challenge those errors in anydecision-making meeting. Again, the point of the model is to sharpen the questions. RESET is designed to examine thekey elements of each model and the errors each contains.It focuses on mapping the key areas of risk in each of the most popular and conventional Financial Models used in themarket. It provides the right mix of tools and high-level insights required by every Investor, Chairman, C-Suite, high-profileAnalyst, Board Member in order to understand what is really happening behind the numbers that could put their FiduciaryDuty at risk.Further, these errors are transferred in the form of risks to the top-level decision makers who are ultimately responsiblefor any mistakes in their investment decisions. It focuses particularly on what errors and risks decision makers need to beaware of. Taking models for granted has prematurely ended many promising careers.In summary, this book provides: - High-level tools and insights on how to understand each of the most popular Financial Models used in the markets.- The core mistakes and unmodeled risks that determine whether or not a Model is suitable for corporate use.- Coherent assessments of the core elements of each Model and how they fail to detect hidden risks, beyond marketGroupthink to support suitable and timely investment decisions.Fernando Walter Lolo and Cathal Rabbitte are well-known specialists on the subject of Financial Modeling, World-Macro, and Hedging. They share here their experience to help readers avoid the most damaging mistakes in this area; so thatevery decision maker can understand how Financial Models work in order to detect errors that have the potential to puttheir Fiduciary Duty at risk.Forewarned is forearmed.
