The Wisdom of Finance: Discovering Humanity in the World of Risk and Return
| Author | : | |
| Rating | : | 4.64 (924 Votes) |
| Asin | : | B01I4FPMHS |
| Format Type | : | |
| Number of Pages | : | 448 Pages |
| Publish Date | : | 2017-01-01 |
| Language | : | English |
DESCRIPTION:
Among many surprising parallels, bankruptcy teaches us how to react to failure, the lessons of mergers apply to marriages, and the Capital Asset Pricing Model demonstrates the true value of relationships. This book captures Desai’s lucid exploration of the ideas of finance as seen through the unusual prism of the humanities. Through this novel, creative approach, Desai shows that outsiders can access the underlying ideas easily and insiders can reacquaint themselves with the core humanity of their profession. But, what happened to the fairest, noblest, and finest profession that de la Vega saw? De la Vega hit on an essential truth that has been forgotten: finance can be just as principled, life-affirming, and worthy as it can be fraught with questionable practices. Today, finance is shrouded in mystery for outsiders, while many insiders are uneasy with the disrepute of their profession. How can finance become more accessible and also recover its nobility? Harvard Business School professor Mihir Desai, in his “last lecture” to the graduating Harvard MBA class of 2015, took up the cause of restori
Using myriad examples from historical sources and current experiences, Desai takes essential financial theories and translates them into easily understood ways to enrich and improve our lives.'' --Bill George, former chairman and CEO of Medtronic and author of Discover Your True North ''This book does valuable work toward demystifying finance for laypeople and deepening the art for practitioners…Will broaden and enrich any perspective.'' --Publishers Weekly. And if you enjoy both -- well, then you are in for an extra-special treat. In this book he uses his skills to provide a fascinating new perspective on modern finance, showing how the main concepts have parallels in literature and the arts. Desai explains the world of economics to those
His opinion pieces have appeared in the Washington Post, the Wall Street Journal, the New York Times, and the Harvard Business Review, and he has testified several times before congressional bodies.. Desai is an award-winning professor of finance at Harvard Business School and a
It's the perfect book for 2017 Witty and wise, this book demystifies a number of assumptions I had held for a long time. It's the perfect book for 2017, when we can't be sure what the government is going to do next. This book helps me, a confused citizen, see facts and trends in a new light.. Andre Worrell said This Book is DIFFERENT - In a Good Way!. One of the best books on finance that I've ever read. Professor Desai is able to show how life and all its messiness and complex is reflected in the world of finance and vice versa. It's really a different kind of book. He takes a complex subject matter and marries it with the humanities in such a seamless way that neither discipline drown each other out but rather compliment each other quite well. I highly recommend this book for the financial industry professional but more so for those who want to understand what finance is REALLY about. Willa Cather, Adam Smith and Gordon Gekko: a fascinating look at finance Finally! A book that combines finance and literature. I am so grateful to have found Prof. Desai's thought provoking and fascinating book; it has already sparked interesting conversation in my household about the power of finance and it's role in our lives as individuals and as Americans. This is a great book for those who work in finance and for those who feel like financial novices.