About this item
A revelatory new guide to building wealth amidst stock market crashes and uncertain economic conditions, drawing upon financial modeling, behavioral psychology, and market history to offer practical advice to everyday investors.Investing is scary. Never is that more true than during market pullbacks and recessions, whether the Great Recession of 2008; the brief, vertiginous COVID crash in 2020; or any number of recent smaller, yet still wrenching, periods of economic turbulence. We see those flashing red numbers and all semblance of "planning" or "risk tolerance" suddenly goes out the window. We wonder: Will I ever be able to retire? Should I be buying GameStop stock? What, uh, is this stock market thing, anyway?Scott Nations has spent his career studying market volatility.
About the Author
Scott Nations is the president and chief investment officer of Nations Indexes, the world's leading independent developer of volatility and option strategy indexes. Nations Indexes grew out of Scott's previous work leading proprietary equity index option trading firms.Nations Indexes is the leader in creating option-enhanced indexes. Intended for ETFs and institutional investors, these products combine indexes and options in unique ways. Scott created the flagship Nations Enhanced Covered Call Indexes which generate greater returns with less risk (as measured by standard deviation of returns) than the underlying indexes. The Nations Enhanced Collar Indexes generate option-enhanced returns without sacrificing appreciation, unlike all existing covered call products. These two products are covered by patents pending. Scott is also creator of the Nations Indexes suite of option cost indexes including VolDex® (ticker symbol VOLI) which measures implied volatility on the S&P 500, SkewDex® (ticker symbol SDEX) which measures option skew, an important gauge of risk aversion, and TailDex® (ticker symbol TDEX) which quantifies how much investors are willing to pay to protect their portfolios. Nations Indexes has licensed VolDex® to Nasdaq which has received SEC approval to list options on VolDex®.Scott is a Contributor to CNBC and can be seen on-air frequently discussing markets and how to use options and futures profitably.
