Book on Credit Analysis
I have written a book “Stories in Credit Analysis- how to protect your Investment Portfolio from Credit Rating Agencies, Quants and other Quacks”. Comments and suggestions very welcome.
The present book is different from traditional credit analysis books in the following respects
- It points out why traditional credit analysis based on a cook book procedure has ceased to work. It highlights the numerous adjustments that need to be made to financial statements before the analytical process can commence. It emphasizes the use of common sense.
- It argues logically why quantitative credit analysis is a waste of time.
Link to chapter on quant finance :