Collateralized Debt Obligations &  Tavakoli Structured Finance
 

Books by Janet Tavakoli

Dear Mr. Buffett: What an Investor Learns 1,269 Miles from Wall Street (Wiley 2009)

"Janet Tavakoli warned the biggest credit bubble in world history was coming well in advance. Now she explains how the world could have avoided this disaster and how we can prevent it from happening the next time." - Jim Rogers, Author of A Bull in China

Languages: English, Portugeuse (Brazil), simplified Chinese, and Japanese. Coming soon in orthodox Chinese and Turkish. (Errata corrected in second edition)
Barnes&Noble, Amazon, Borders, and other book stores

Praise for Dear Mr. Buffett

"To Janet - Who should have been listened to much more carefully in the past---& who will be in the future."
Warren E. Buffett

Chairman, Berkshire Hathaway, Inc.

"[T]he book’s real strength is the sub-plot that emerges as Tavakoli tugs vigorously at the seemingly disparate threads of the current financial crisis, naming names, citing cases and leaving no schmuck — whether investment bank, credit rating agency, monoline insurer, mortgage brokers, regulators and their ilk — unspared. Based on more than 20 years in the derivatives arena, and having served time at Salomon Bros, Bear Stearns and Goldman Sachs, she knows that of what and who she speaks. Should anyone ever display the slightest interest in criminalizing the criminals who led us down this path, a prosecutor could do worse than ordering up copies for the grand jury."
Greg Newton (1956-2009), Naked Shorts


"[Tavakoli has] been railing against emperors wearing no clothes in the credit derivatives markets forever. If only people had listened."

Andrew Tobias
Author of The Only Investment Guide You Will Ever Need, AndrewTobias.com

"...full of anecdotes, details and character sketches that add depth...she knows her stuff, has strong opinions and turns a colourful quote."
Paul J. Davies - Financial Times

"Securitization ...was abused by greedy financiers and turned into the monster that led to the collapse of the financial system." - Yalman Onaran - Bloomberg News

"J
anet Tavakoli warned the biggest credit bubble in world history was coming well in advance. Now she explains how the world could have avoided this disaster and how we can prevent it from happening the next time."
Jim Rogers
Author of A Bull in China, Hot Commodities, Adventure Capitalist, and Investment Biker

"Janet Tavakoli writes about the exotic, abstract financial instruments that helped implode the U.S. financial markets, and she writes in a clear, sprightly way. She knows a lot, and translates it well. Contrasting the shenanigans of recent years against the good analysis and common sense of Warren Buffett is appropriate, and helps to illustrate the levels of irrational behavior."

Adam Smith (George J.W. Goodman)
Author of The Money Game and Supermoney

Review: No Mere Buffett, a 14-Course Menu Naked Shorts and Seeking Alpha - January 8, 2009
Review: The Housing Collapse: What would Buffett do? Free Lance Star - January 25, 2009
Review: On Buffett and Derivatives Seeking Alpha - February 2, 2009
Review: Dear Mr. Buffett: A Book Review with a Little "Extra" - Seeking Alpha - February 2, 2009
Review: Featured Book Look: Dear Mr. Buffett TraderFeed - February 20, 2009
Review: The Financial Meltdown Foreseen Financial Times - February 23, 2009
Review: Buffett, Tavakoli Flag Ponzi Scheme Bigger Than Madoff's Bloomberg News - March 5, 2009
Review: Rousing Tale of Advice Left Unheeded Business Standard - April 23, 2009
Review: "Dear Mr. Buffett" Lessons from Omaha CNBC - May 6, 2009


Structured Finance & Collateralized Debt Obligations (Wiley Finance)
September 2008. Click here for errata. Available everywhere including Amazon, Borders, and Barnes&Noble.

“Janet Tavakoli has warned people about the risks in structured finance for years. Now she has written a primer that the investor on Main Street can understand and the pro on Wall Street would be unwise to ignore.”
Roger Lowenstein
Author of When Genius Failed, While America Aged, Origins of the Crash, and Buffett: The Making of an American Capitalist

Praise for the Second Edition
"Janet Tavakoli warned the world this disaster was coming well in advance. Now she explains it again for those who did not listen before as well as why it is not over yet. You need to read this book to understand the biggest credit bubble in world history."
Jim Rogers
Author of A Bull in China, Hot Commodities, Adventure Capitalist, and Investment Biker

"Janet Tavakoli has been able to dissect with a brisk style the intricacies of many structured products. Not only does she explain in a clear and insightful manner how certain things work, but more important, why others DO NOT WORK!!! Highly recommended and very much needed."
Arturo Cifuentes, Ph.D.
Managing Director, R.W. Pressprich & Co.


Collateralized Debt Obligations & Structured Finance  & Janet Tavakoli


Collateralized Debt Obligations & Structured Finance
(Available everywhere including Amazon, Borders and Barnes&Noble)John Wiley & Sons, 2003 by Janet Tavakoli. In the global bestseller in the field, financial expert Janet Tavakoli examines groundbreaking securitization topics: the huge increase in the CDO synthetic arbitrage; the tranches benefiting most from this new technology; special purpose entities; new securitization products made possible by credit derivatives technology and more. Click here for more details on this book.


CDO Evolution Creates New World of Risk - GARP Risk Review
Buyer Beware - International Financing Review (adaptation)
Want Good Numbers? Watch Your Language - HedgeWorld
Book Debates Racing Deal - Financial Times

“Caveat Emptor! Never in the history of finance has this warning been more appropriate. With the development of CDO’s, Credit Derivatives and other esoteric structured finance techniques, market participants—the savvy as well as the novice—are exposed to a bewildering array of new ideas, concepts and structures. Janet Tavakoli has tackled these subjects in an outstanding mixture of exposition, mathematics and skepticism. A must read for anyone who plans to play in these markets.”
Jack Caouette
Vice Chairman
MBIA Insurance Corporation

Credit Derivatives & Synthetic Securitization  & Janet Tavakoli & Structured Finance


Credit Derivatives & Synthetic Structures: A Guide to Instruments and Applications 2nd Edition
, (Available everywhere including Amazon, Borders and Barnes&Noble)
John Wiley & Sons 2001, by Janet Tavakoli, is the groundbreaking global bestseller on credit derivatives products. In this classic guide to products and concepts, Tavakoli makes the case for profitable credit derivatives hedging and investing (first edition is available in Japanese and Orthodox Chinese).

"If you want to know more about credit derivatives - and these days an increasing number of people do - then you should read this book."
Merton H. Miller, winner, Nobel Prize in Economics, 1990
Robert R. McCormick Distinguished Service Professor Emeritus,
University of Chicago Graduate School of Business


Click Here for More Detail on This Book

 


Credit Derivatives & Structured Credit & Structured Finance


Credit Derivatives: A Guide to Instruments and Applications
(1st edition), (Available from Amazon and Barnes&Noble) John Wiley & Sons 1998, by Janet Tavakoli, is available from Amazon in the U.S. and foreign venues (also available in Japanese and Orthodox Chinese).

Click here to order from Amazon.

 

Credit Derivatives Japanese edition & Janet Tavakoli

Japanese Edition - Credit Derivatives: A Guide to Instruments and Applications Sigma Base, 1999, by Janet Tavakoli, is available in Japanese from Sigma Base publishing in Japan, ISBN4-916106-35-0. Users with Japanese character language packs can also order from Amazon Japan.

Also available in orthodox Chinese.


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Janet Tavakoli, President: jt@tavakolistructuredfinance.com Tel: (312) 540-0243
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