{"product_id":"perfectly-hedged-samuel-basi-9798295670114","title":"Perfectly Hedged: A Practical Guide To Base Metals","description":"\u003cp\u003e\u003cstrong\u003eThe Essential Guide to Commodity Hedging, Risk Management, and Margin Protection\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eIn commodities trading margins are thin, risk is constant, and small hedging mistakes can cost millions.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003ePerfectly Hedged breaks down the complex world of commodity hedging into a clear, practical framework that professionals can actually apply.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eHedging is often treated as highly technical, or reserved for front-office traders. In reality, it is the backbone of every successful trading firm. When executed correctly, hedging protects margins, stabilizes P\u0026amp;L, and creates competitive advantage. When poorly understood, it destroys value.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis book removes the complexity.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eAcross 18 structured chapters, Samuel Basi translates hedging theory into practical application, making it accessible for traders, middle-office professionals, operations teams, risk managers, and anyone working in base metals or physical commodities.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eUnlike traditional industry texts filled with unnecessary jargon, this guide focuses on: \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e- Clear, straightforward explanations\u003c\/p\u003e\u003cp\u003e- Real-life trading examples\u003c\/p\u003e\u003cp\u003e- Practical risk management frameworks\u003c\/p\u003e\u003cp\u003e- Common (and costly) hedging mistakes\u003c\/p\u003e\u003cp\u003e- End-of-book knowledge quiz to reinforce learning\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eYou will learn how to: \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e✔ Understand how metal prices are determined\u003c\/p\u003e\u003cp\u003e✔ Execute hedges with confidence\u003c\/p\u003e\u003cp\u003e✔ Manage positions and protect P\u0026amp;L\u003c\/p\u003e\u003cp\u003e✔ Navigate arbitrage and spreads\u003c\/p\u003e\u003cp\u003e✔ Avoid margin and pricing errors\u003c\/p\u003e\u003cp\u003e✔ Use options and FX hedging effectively\u003c\/p\u003e\u003cp\u003e✔ Think like a risk manager\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eWhether you work in trading, operations, finance, or risk, this book gives you the tools to immediately improve decision-making and strengthen your firm's performance.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eInside the Book: \u003c\/p\u003e\u003col\u003e\n\u003cli\u003eIntroduction to Hedging\u003c\/li\u003e\n\u003cli\u003eWhat Hedging Is and Why It Is Necessary\u003c\/li\u003e\n\u003cli\u003eHow Metal Prices Are Determined\u003c\/li\u003e\n\u003cli\u003eHedging in Practice\u003c\/li\u003e\n\u003cli\u003eThe Perfect Hedge\u003c\/li\u003e\n\u003cli\u003ePosition Management\u003c\/li\u003e\n\u003cli\u003ePhysical Shipments\u003c\/li\u003e\n\u003cli\u003eHow to Become a P\u0026amp;L Generator\u003c\/li\u003e\n\u003cli\u003eHedging Errors\u003c\/li\u003e\n\u003cli\u003eWarrants\u003c\/li\u003e\n\u003cli\u003eArbitrage\u003c\/li\u003e\n\u003cli\u003ePremium Hedging\u003c\/li\u003e\n\u003cli\u003eForeign Exchange Hedging\u003c\/li\u003e\n\u003cli\u003eSpread Cards\u003c\/li\u003e\n\u003cli\u003eInitial \u0026amp; Variation Margin\u003c\/li\u003e\n\u003cli\u003eSimple Option Contracts for Hedging\u003c\/li\u003e\n\u003cli\u003ePrice Participation\u003c\/li\u003e\n\u003cli\u003eShanghai Futures Exchange\u003c\/li\u003e\n\u003c\/ol\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\"This is the first book I have read that walks you through the intricacies of commodity hedging in a methodical, easy-to-follow way. Finally!\"\u003c\/p\u003e\u003cp\u003e- Tristan Busch, Founder, Zopco SA\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Samuel Basi\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9798295670114\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Samuel Basi\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 03\/03\/2026\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 148\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.46lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.34d","brand":"Samuel Basi","offers":[{"title":"Paperback","offer_id":48450631958783,"sku":"9798295670114","price":44.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_bfb9317b-3971-4841-b7b3-3806e3c20929.jpg?v=1777268410","url":"https:\/\/www.whiterainbookhouse.com\/products\/perfectly-hedged-samuel-basi-9798295670114","provider":"WR Book House","version":"1.0","type":"link"}