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This text is not just for portfolio managers. Anyone involved in risk/return assessment will benefit from the material; though much of the book is intended for those with a mathematical slant. The material can easily be applied to discounted cash flow (DCF) financial modeling though this is not discussed in the text. In my opinion, it blows away VAR, Real Options, etc.
If you ever thought T-Bills were riskless assts, you need to read this book or be forever wrong. I also found a wealth of information on Sortino's website that complimented the text. Lastly, each chapter is chocked full of nice reference articles for those desiring to delve deeper into the multitude of ideas presented.
George W. Dudley, Co-Author
Earning What You're Worth In Sales
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The result is this marvellous book. At once a cookbook with authentic Georgian period recipes with modern translations - and also a short history on the the cooking of the time generally, and Margaretta's family specifically. The book tells us alot about culture in Georgian England of the eighteenth century and makes a marvellous read.
Many of the recipes just seem plain strange, they include ingredients rarely used now like carraway, rose-water, quinces and hare - well doesn't everthing now have hershey's chocolate or steak? Meat is often collared, scotched, potted, ragouted or colloped. I haven't had the courage to try any of the meat dishes as yet .
The layout is really nice. The Prochaska's use the original Ackworth recipe to precede their modern 'translation' of it, so you get the best of both worlds, the old and the new. There are only two colour photo's in this book, reproductions of the portraits of Margaretta and her husband. The rest of the book is printed on a heavy cream paper in black type which feels very satisfying to read.
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