About this item
HOW TO USE YOUR HUMAN ADVANTAGE TO OUTPERFORM ALGORITHMS IN THE OPTIONS MARKET If you're a value investor who wants to get your money into the lucrative options market, forget about day trading, chart patterns, and market timing. This systematic book lays out a path to long-term wealth by taking positions on companies with real intrinsic value--the kind Ben Graham and Warren Buffett would invest in. Leave the complex algorithms and "Greeks" for the floor traders. Erik Kobayashi-Solomon, former investment banker, hedge fund risk manager, and valuation consultant to the World Bank, gives you the knowledge and sophistication to understand what options pricing reveals about the market's estimation of future stock prices. He then demonstrates how to find tremendous opportunity for low-risk, high-profit investments in the difference between the market's mechanized price ranges and ones made by you, a thoughtful human being armed with the insight this book offers.
About the Author
Erik Kobayashi-Solomon is the author of The Intelligent Option Investor: Applying Value Investing to the World of Options (McGraw-Hill, 2014) and the founder of IOI, LLC. In addition to publishing an institutional investor-focused subscription product through his website www.IntelligentOptionInvestor.com, Erik runs option and investment "boot camps" and consults on risk control, option strategies, and stock valuations for individual and institutional investors.Before founding IOI, Erik worked for Morningstar in its stock research department for over six years. At Morningstar, he first managed a team of semiconductor industry analysts before becoming the co-editor and driving force of Morningstar's OptionInvestor newsletter and serving as the company's Market Strategist.In addition to co-authoring a guide to fundamental investing and option strategies used in the Morningstar Investor Training Options Course and popular weekly articles about using options as a tool for investment portfolios, Erik was the host of several popular webinars such as "Covered Calls A to Z" and "Hedging 101." His video lecture about avoiding behavioral and structural pitfalls called "Making Better Investment Decisions" was so popular that he was invited to be the featured speaker at several investment conferences throughout the United States. In addition, he represented Morningstar on television and radio, was interviewed by magazines and newspapers from Dallas to Tokyo to New Delhi, and was a frequent guest contributor to other Morningstar/Ibbotson publications.Erik started his career in the world of finance at Morgan Stanley Japan, where he ultimately headed Morgan's listed derivatives operations in Tokyo. After returning to the United States, Erik founded a small hedge fund based on his original research in the field of Behavioral Finance and later became the Risk Manager for a larger investment fund. There, he designed option hedges for the fund's $800 million global equity portfolio and advised the portfolio manager on quantitative investment strategies and Japanese stock market investments.Erik, the son of a NASA scientist father and a concert violinist mother, graduated Magna Cum Laude and Phi Beta Kappa from the University of Texas at Austin, where he majored in Asian Studies and Japanese. After working in Japan for several years as a teacher, translator, and television actor, he won a full-ride scholarship to study business at the #1 ranked school for international business in the United States--Thunderbird--in Glendale, Arizona. There, he worked as a research assistant to Dr. Anant Sundaram (Finance, presently at Dartmouth) from whom he gained a love for finance and economics, Dr. Graeme Rankine (Accounting) who introduced him to Behavioral Finance, and Dr. Charles Neilson (Marketing) who taught him the importance of strategic thinking. Erik graduated Summa Cum Laude and was selected as the outstanding stud
