Kamis, 21 November 2013

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The Arabs in History, by Bernard Lewis

Now brought completely up to date, this classic study by one of the world's premier historians of the Middle East considers the achievement of the Arab peoples and their place in world history, from pre-Islamic times to the present-day. In a concise and readable account, Lewis examines the awakening that accompanied the advent of Islam and the political, religious, and social developments that transformed the Arab kingdom into an Islamic empire. He brings the edition up-to-the-minute with an account of recent events in the Middle East and analyzes the forces, internal and external, that have shaped the modern Arab world. Lewis shows how Western inventions and institutions have shattered the old structures and the traditional way of life, affecting every Arab, and causing a still unsatisfied demand for social, political, and cultural renewal.
Incisive and intriguing, this highly regarded and timely work--previously translated into Arabic, as well as many other European, Asian, and Middle Eastern languages--is sure to advance a greater understanding of the Arab past and present.

  • Sales Rank: #706177 in Books
  • Published on: 2002-05-23
  • Original language: English
  • Number of items: 1
  • Dimensions: 5.00" h x .90" w x 7.60" l, .45 pounds
  • Binding: Paperback
  • 256 pages

Review

"Review from previous edition clear, fascinating and valuable"--The Guardian


"stimulating ... The continuous regard paid to the development of trade and economy deserves partucular praise."--History


"Professor Lewis has admirably achieved his object, notably bringing out broad economic trends"--International Affairs


"... enormously influential history ... after reading 'Gibbon on Muhammad', it is tempting to speculate that Lewis's long-standing interest in the eighteenth-century historian may have influenced his own ambition to scan grand horizons, his taste for irony and his unmistakably elegant literary style."--Robert Irwin, Middle Eastern Studies


About the Author
Bernard Lewis is Cleveland E. Dodge Professor Emeritus of Near Eastern Studies, and Long-Term Member of the Institute for Advance Study, Princeton University. He has published numerous books on the Middle East, including, The Assassins, Race and Slavery in the Middle East: A Historical Enquiry, and The Middle East.

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0 of 0 people found the following review helpful.
Zestful
By HH
"The Arabs in History", according to Lewis's words in the Preface, is "not so much a history of the Arabs as an essay in interpretation...I have sought to isolate and examine...the place of the Arabs in human history, their achievement, and the salient characteristics of the several ages of their development." Lewis's interpretation is neither personal nor novel. Four-fifths of the book are devoted to the four centuries of greatness before the Arab world, already in decline, passed under Seljuk rule in the 11th century A.D.; and the period from the Ottoman conquest in 1517 to the recent present is compressed into 18 pages. Within these limits Lewis has admirably achieved his object, notably bringing out broad economic trends.

On the whole, Lewis follows the orthodox lines -- orthodox at the time he wrote it, at any rate -- in his interpretation, including the treatment of Muhammad and the rise of Islam, the caliphate and the Islamic empire, the Muslim civilization and its eclipse. The salient characteristics of the several ages of the development of the Arabs are emphasized but not their literary or scientific achievement. All in all, "The Arabs in History" is a readable and reliable work.

41 of 44 people found the following review helpful.
Decent intro to this part of the world
By Newton Ooi
Bernard Lewis is probably one of the West's most recognizable and respected experts on the Middle East. Fluent in Arabic and having lived in various countries of the Middle East, he has written a plethora of books on this region for the western reader. THis is one of his more recent works, and provides a quick and digestable history of the Arab people; i.e. the people living in and around the Arabian peninsula

The book starts by examining the region before Islam. The pagan culture is examined, along with the local geography, climate, and economy. Next, the book shows how Islam came about thru Mohammed and his teachings, and how Islam came to be the predominant religion and social force in the region. The book then goes into the history of the Sunni-Shiite split, the growth of Islamic empires such as the Umayyads, Turks, etc. The book ends with the topic of Western influence in the region, and how this is affected by the Israel question and oil.

Overall, the book is fairly easy to read and serves as a good introduction to the region. It is suitable for students in college, high school, or adults, and can be picked up by anyone without prior knowledge of the region.

0 of 0 people found the following review helpful.
Five Stars
By Mary A. Alcorn
Bernard Lewis is the expert in this field.

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Selasa, 19 November 2013

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For graduate courses in business, economics, financial mathematics, and financial engineering; for advanced undergraduate courses with students who have good quantitative skills; and for practitioners involved in derivatives markets

 

Practitioners refer to it as “the bible;” in the university and college marketplace it’s the best seller; and now it’s been revised and updated to cover the industry’s hottest topics and the most up-to-date material on new regulations. Options, Futures, and Other Derivatives by John C. Hull bridges the gap between theory and practice by providing a current look at the industry, a careful balance of mathematical sophistication, and an outstanding ancillary package that makes it accessible to a wide audience. Through its coverage of important topics such as the securitization and the credit crisis, the overnight indexed swap, the Black-Scholes-Merton formulas, and the way commodity prices are modeled and commodity derivatives valued, it helps students and practitioners alike keep up with the fast pace of change in today’s derivatives markets.

 

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  • Provides the right balance of mathematical sophistication—careful attention to mathematics and notation
  • Offers outstanding ancillaries toround out the high quality of the teaching and learning package

  • Sales Rank: #18574 in Books
  • Published on: 2014-01-25
  • Original language: English
  • Number of items: 1
  • Dimensions: 10.00" h x 1.30" w x 8.20" l, 3.45 pounds
  • Binding: Hardcover
  • 896 pages

Most helpful customer reviews

141 of 147 people found the following review helpful.
A good first step into the world of Quantitative Finance
By Paul Thurston
The author has written a nice, lively elementary text on mathematical finance. This book can serve as a excellent launching point into the topic. For the next step in the reader's development, I recommend the very good intermediate level treatment by Bjork in Arbitrage Theory in Continuous Time. As a capstone for advanced study, I recommend the advanced treatment of Musiela and Rutkowski's Martingale Methods in Financial Modelling.

Hull starts out with several chapters on the basics of the derivative contracts in his study. The contracts introduced are forward and futures contracts, interest rate swaps, and equity options. The basic definitions of each contingency contract is given, as well as characteristics of the markets where these contracts trade. Some basic trading strategies are also studied.

The study of the option pricing model problem begins in earnest in Chapter 10. The section on one-step binomial tree model leads to a very intuitive description of risk-neutral valuation.

Chapter 11 introduces continuous time stochastic processes in a very intuitive setting. To avoid the hard-core Ito calculus, the author motivates the stochastic differential by considering difference equations. This is a nice technique and makes the material accessible to the beginner. The next highlight is a statement of Ito's lemma. This is not given in full generality, but only stated precisely as needed for Black-Scholes calculations. The appendix gives an intuitive motivation for Ito's lemma based on the multi-dimensional Taylor's formula.
This is a nice illustration as Taylor's formula is indeed a component of the formal semi-martingale based proof of Ito's rule. See for example Oksendal Stochastic Differential Equations: An Introduction with Applications Chapter 4, Karatzas & Shreve Brownian Motion and Stochastic Calculus Chapter 3, or Rogers and Williams Diffusions, Markov Processes and Martingales: Volume 2, Itô Calculus.

Chapter 12 is devoted to the Black-Scholes-Merton theory of option pricing. The famous Black-Scholes PDE is derived via Ito's rule and application of a delta hedge. The author doesn't directly solve this PDE (via the standard application of the Feyman-Kac formula). Instead a nice proof of the option pricing formula is established in the appendix based on a simple log-normal distribution argument.

Chapter 13 discusses option pricing in for other contingency contracts. In Chapter 14, we return to equity options by studying the Greek letters. The reader discovers the Greek letters can be thought of as coefficients of the Black-Scholes PDE and learns some elementary hedging techniques.

Chapter 15 discusses implied volatility and volatility smiles. It is here that the astute reader gets his first indication that the Black-Scholes theory for option pricing may not be as robust or "true to market" as the reader may have been lead to believe. (The folks at Long-Term Capital Management learned this hard lesson rather publicly.)

A survey of topics of interest follows in the next handful of chapters. The material on value at risk, the GARCH volatility model and exotic options is somewhat superficial. The careless reader will come away feeling he knows quite a bit more than he really does.

Martingale theory is touched on in 21 and the Girsanov Theorem is alluded to, but these topics are really too complex and require too many prerequisites for proper treatment in the context. A general multi-variate version of Ito's Rule is stated in the appendix of this chapter.

The next section of the book deals with term-structure models and their applications. One-factor models are discussed along with the various limitations of each of these models. This gives a nice historical treatment. The Heath-Jarrow-Morton and Libor Market Model k-factor term-structure frameworks are introduced. Without the supporting martingale theory, the analysis of these models presented here is very limited.

The last several chapters of the text are very survey-like and breezily touch on topics such as credit risk, credit derivatives and energy derivatives. There isn't a lot of theory in these chapters at all, but at least the reader is made aware of the existence of these kinds of contingencies.

The book wraps up with a cautionary chapter in the form of lessons learned. The unwary reader might see all of the derivative-related train wrecks and say to himself "well, that won't be me". The problem is that it really might be you if you truly (and foolishly) still believe the equity prices always follow geometric Brownian motion. See Lo & MacKinlay A Non-Random Walk Down Wall Street for an excellent exposition into the limitations of the basic assumptions underpinning the Black-Scholes-Merton theory.

If nothing else, Hull's last chapter should convince you that maybe this isn't the only book you'll ever want to read in your study of mathematical finance.

71 of 74 people found the following review helpful.
Unparalleled resource for those entering quantitative finance
By Max Falcon
This review is written for many of those switching to quantitative finance from other fields. Hull's book will become an essential foundation-builder for such people.

Let's assume you want to become a quantitative analyst or a risk manager switching from another, preferably quantitative, field. Then in order to get a job you need to have the following:

1. Knowledge of derivatives and markets;
2. Knowledge of statistical methods and data analysis with applications in finance;
3. Computational methods supported by software such as C++ and R to be able to apply theoretical knowledge obtained in 1 and 2;
4. Proof that you have decent understanding of finance through obtaining a designation such as PRM (Since, under our assumption, you enter finance from a different field, you don't have work experience. That is why PRM will be the most suitable for you as you will just need to be well prepared academically to pass the exams and get the designation).

The book under review will be absolutely essential for you for clearing steps 1 and 4. It has been written with the care for the reader in mind.

Hull, in contrast to many other authors, does not try to show off his intellectual superiority by using complicated and abstract language which would normally be designed to make the reader feel miserable. In contrast, he wants the reader to become knowledgeable by carefully guiding him through complicated topics with numerous examples and explanations. The friendliness of exposition does not mean that the rigor is lost though; the book is written with the perfect rigor, but it is achieved without making it too dry and abstract. The scope of coverage is amazing: all major aspects of derivatives and markets connected with them have been covered. Particular importance is that Hull gives lots of practical exercises which should be completed to obtain fluency in the theory and its applications. Only after you work carefully through the book, you can strengthen your skills of (1) by working through other texts, such as Joshi's The Concepts and Practice of Mathematical Finance (Mathematics, Finance and Risk) and More mathematical finance.

To get the grasp of (2) and (3), you can work through Ruppert's Statistics and Data Analysis for Financial Engineering (Springer Texts in Statistics) and Joshi's C++ Design Patterns and Derivatives Pricing (Mathematics, Finance and Risk).

This book, together with the official handbook, will definitely prepare you for PRM, thus fulfilling (4). Without it, preparation for the PRM will be difficult, if you don't have prior financial experience.

I don't know about another high-quality, reader-friendly resource which could compete with Hull's book in providing a strong foundation in becoming a serious financial engineer. When one is entering new field, a good starting book is essential as it will either make the transition easy or frustrating. The book under review will make such transition painless.

25 of 25 people found the following review helpful.
The gold standard (although you may not need to upgrade to the seventh edition)
By David R. Harper
This is the definitive introduction to derivatives. As evidence of its relevance, the following chapters are assigned to Financial Risk Manager (FRM) candidates: Hedging Strategies using Futures (Chapter 3), Determination of Forward and Futures Prices (5), Interest Rate Futures (6), Swaps (7), Properties of Stock Options (9), Trading Strategies Involving Options (10), Binomial Trees (11), Black-Scholes-Merton Model (13), Greeks (15), Volatility Smiles (16), Exotic Options (22).

Given that this is an expensive text, the most frequent question I get is, do I need to buy the latest edition? Perhaps you do not: the updates from fifth to sixth edition, and from sixth to seventh edition, have both been modest "version" upgrades. Here is a rule-of-thumb: the more introductory the topic (i.e., the earlier the chapter), the less likely you want/need the upgrade. The early chapters on futures, hedging, interest rate futures, swaps, and option pricing have barely changed since the fifth edition. Further, from what i can tell, the end-of-chapter questions are largely the same/similar.

In regard to the seventh, in addition to a number of refinements (e.g., some reorganization), the two noticeable differences are: a new chapter on valuation of employee stock option (a particular expertise of Hull's) and more material on certain credit derivatives (CDOs, credit default swap) including a bit more help on Gaussian copula. However, in regard to credit derivatives, in total, Hull gives a quick tour which may be challenging to the new learner. It is maybe not the best place to start for credit derivatives per se.

But, this is the gold standard, a work of art, as far as finance texts go. It may be an introduction but it offers encyclopedic breadth. I've read it several times over, worked most of the problems, taught from it, argued with it, and yet I keep needing to refer to it--Hull is the trusted adviser you call in a crunch, because you know he knows--full mastery is probably still years away.

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Senin, 18 November 2013

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The True Wireless, by Nikola Tesla

Nikola Tesla was a genius who revolutionized how the world looks at electricity.

  • Sales Rank: #1136430 in eBooks
  • Published on: 2015-06-10
  • Released on: 2015-06-10
  • Format: Kindle eBook

Most helpful customer reviews

8 of 8 people found the following review helpful.
Tesla Pricipals and thoughts.
By Danny L Stark
Tesla is one of those unsung heros who changed the world. Many famous people copied his genious and called it their own. However, even today, we as a scientific community are just now understanding the real extent of his genious. Oh by the way, did you realize for the electricity all around you (alternating current) can be atributed to Tesla?
This book is about his thoughts and ideas about radio wave propagation around the turn of the century (1900).
Today , if he is correct..(and science is just now proving him right on many things), then many fundamental principals of wave propagation have been in error.

0 of 0 people found the following review helpful.
Interesting
By J. Stephen Peek
The True Wireless is interesting but it left me wondering how everything would have worked had Tesla had the opportunity to complete the project. What was not said in this book is the most interesting: Tesla's financier, J.P. Morgan pulled out of a 'free energy' project because he owned substantial interest in Thomas Edison's emerging hydro-electric power company.

0 of 0 people found the following review helpful.
Great
By Corey Malecka
This is a must read for any one interested in Tesla's frequency patents.

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Jumat, 08 November 2013

[F105.Ebook] Ebook Free How to Climb 5.12 (How To Climb Series), by Eric Horst

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How to Climb 5.12 (How To Climb Series), by Eric Horst

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How to Climb 5.12 (How To Climb Series), by Eric Horst

The essential manual for intermediate climbers who want to make the jump to advanced climbing ability―with new color photos

In the sport of rock climbing, 5.12 is a magical grade of difficulty―the rating that separates intermediate climbers from the sport's elite. Many intermediate climbers mistakenly believe that climbs of 5.12 difficulty are simply beyond their reach. This revised and updated edition of Eric Horst's best-selling instructional manual dispels that myth, and shows average climbers how they can achieve heights previously considered the exclusive domain of the full-time climber.

How to Climb 5.12 is a performance guidebook that will help climbers attain the most rapid gains in climbing ability possible. Hörst provides streamlined tips and suggestions on such critical issues as cutting-edge strength training, mental training, and climbing strategy. How to Climb 5.12 is the perfect manual to help intermediate climbers quickly along the road to mastery.


  • Sales Rank: #87323 in Books
  • Size: One Size
  • Color: One Color
  • Brand: Globe Pequot Press
  • Model: Falcon Guides
  • Published on: 2011-11-22
  • Original language: English
  • Number of items: 1
  • Dimensions: 8.90" h x .50" w x 5.90" l, .90 pounds
  • Binding: Paperback
  • 192 pages
Features
  • Author: Eric J. Horst
  • ISBN#: 978-0-7627-7029-8
  • Publisher: Falcon Guides
  • Publication Date: 2011
  • Jacket: paperback

Review

Praise for previous editions

“Well researched and right on.” ―Lynn Hill, Wold Cup champion and first woman to climb 5.14

"How to Climb 5.12 packs a lot into a slim book . . . a great first training book and a good addition to any training junkie's book shelf.” ―Rock & Ice magazine


From the Back Cover
In the sport of rock climbing, 5.12 is a magical grade. Looked upon as the door to the elite levels of difficulty, 5.12 is believed by many intermediate climbers to be out of their reach, but that’s where How to Climb 5.12 comes into play. This performance manual dispels the myth surrounding 5.12 and teaches average climbers that they can achieve heights previously considered the exclusive domain of the full-time climber.
How to Climb 5.12 can help intermediate climbers make the physical and mental jump to advanced climbing ability. It offers streamlined tips and suggestions on such critical issues as cutting-edge strength training, mental training, and climbing strategy. How to Climb 5.12 is the perfect manual to guide you on the road to mastery and to help make the trip as short as possible.
Inside you’ll find a self-assessment test to optimize your training, techniques and drills for accelerated learning of climbing skills, exercises for building strength and endurance, strategies for managing fear and building confidence, and tactics for on-sight climbing and working redpoint projects.

About the Author

Eric Hörst has been climbing for more than twenty-five years. His many books include Maximum Climbing, Training for Climbing, Conditioning for Climbers, Learning to Climb Indoors, and Rock Climbing Virginia, West Virginia, and Maryland (all FalconGuides). 

Most helpful customer reviews

7 of 7 people found the following review helpful.
Should be in every climber's library
By John Doe
This should be in every climber's library, along with Horst's other works. His material is backed by sound sports science and legitimately works. This is the recently-released third edition of this book, which updates it with some of the same, more recent information he has included in Training for Climbing and Maximum Climbing. Although there is a lot of overlap with those works, this book focuses more on higher end climbers. It not only works for those trying to get to 5.12, but for those trying to advance at all in those higher grades of 5.12+.

The self-evaluations in this work are less elaborate than in his other works, especially compared to Conditioning for Climbing, which had very good evaluations. That is a shame because his better ones can be very helpful. In spite of that this is a great book, especially when combined with Conditioning for Climbing and Maximum Climbing (if you are high-end enough to use this book, you may want to skip Training for Climbing, which is largely the same material but aimed at climbers of all levels).

5 of 5 people found the following review helpful.
Good if you need a motivational talk
By David Kendall
How to Climb 5.12 is more motivational talk than climbing guidance. There is some helpful material on scheduling, recovery, and cost-benefit assessment of different activities. However, it could stand more clear exercises for building climbing skills, strength, and eliminating fear of falling.

4 of 4 people found the following review helpful.
Helpful...
By bikerag
This book was helpful in providing some more training ideas, but it repeats itself a lot and I didn't get a whole lot of new information from it. It's good, but didn't radically reform my climbing.

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