Bought it and am through the first 3 chapters.
I was surprised that when you go to Amazon to buy a Kindle book it doesn't provide an "Add to cart" button. I hate "the cloud" but that was the only way I could see to obtain the book. I did get the link to download the Kindle app, but I haven't yet installed it.
The point is there seems to be no way to download the book directly to my computer. If the desktop app provides a method for that fine, but at this point I don't know that and it sure would be nice if Amazon explained it. If it's in the cloud I don't have control over it.
Amazon crap aside, looks like a great piece of work Max. The futures explanation could be more flushed out in the case where the value of the asset falls. I understand it when it rises but you fold the hotel bid into the discussion in that case and it muddles the explanation. It's probably just me, but that's my take so far. I haven't yet watched the futures trading video you provided a link to in the book, but I will. Hopefully that will clear it all up for me.
I will say you have cleared up the definition of what derivatives are for me. I used to think of them as "aggregates" in the way all the home loan mortgages were bundled and sold off to investors. They were aggregated and ownership / liability was lost, THEN they were sold as derivatives which further confused the liability picture. For debt instruments like a home mortgage, if ownership is not tracked for every transfer of a loan, the original load recipient may not be able to determine who their debt is with, which is the basis for many court cases involving home loan defaults.