Leverage

An incisive guide that shows investors how to play by the rules, reduce the risks, and multiply their earnings using leveraged investments. The first accessible treatment of basic leveraging principles investors can apply to a wide range of investments - how to exploit the full range of leverage-based instruments such as stock options, commodity futures, index options, options on futures, and financial futures. The book explains the advantages and drawbacks of each type of leveraged investment and shows how the mechanics of the leverage can be manipulated to minimize risk.