Hedging Demystified

Tim Bishop capitalizes on his expertise to provide an overview of hedging of commodity price risk in a straightforward manner that doesn’t require prior knowledge or a strong financial background. This book will be beneficial to both newcomers to the subject area as well as those wanting to broaden their understanding.

- Joe Smith, VP, an energy marketing and distribution company

The texts are laid out in a way that makes the relevant issues easy to understand and separate from one another in spite of dealing with an already complex topic. …I particularly enjoyed the chapter on basis, I thought the layout was excellent.

- Jordan Ness, Fuels Trader, Chemoil, a division of Glencore

I’ve witnessed Tim Bishop’s expertise and professionalism for years. As the partner in charge of auditing the company where he ran a mission-critical hedge program, I know he has the knowledge and skill to explain a complex topic like hedging in an understandable way. I read this book and it does just that.

- Marty White, Retired Audit Principal, a regional CPA firm

We had the benefit of Tim’s unique skills, perspective and financial advice for many years. In a phrase, “Tim has been there, done that.” This is a comprehensive and useful book, one which will truly assist specialized financial managers as well as operators who face commodity price and supply risks.

- Bob Moore, Chairman and CEO, Dead River Company

I read Hedging Demystified and I thought it was great—so user friendly. It answers so many questions that a new face to hedging may not think to ask until it’s too late.

- Heather Bergeron, Managing Director, Dixie Asset Management

Tim Bishop has managed to take a very difficult topic and make it understandable for all. I particularly like the numerous illustrations and the ability to “toggle” from chapter to chapter as key topics are revisited. I will be using this book as a key reference tool.

- Charlie Hahn, CFO, Dead River Company