SKU: 64290858947

The Wisdom of Finance: Discovering Humanity in the World of Risk and Return

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The Wisdom of Finance: Discovering Humanity in the World of Risk and Return"Entertaining and informative. Desai takes us on a journey through the fundamentals of finance, from asset pricing to risk and risk management, via options, mergers, debt, and bankruptcy." John Lanchester, The New Yorker "A fascinating new perspective on modern finance," Oliver Hart, 2016 Nobel Laureate in Economics "Lucid, witty and delightfully erudite From the French revolution to film noir, from the history of probability to Jane Austen and The

"Entertaining and informative. Desai takes us on a journey through the fundamentals of finance, from asset pricing to risk and risk management, via options, mergers, debt, and bankruptcy."- John Lanchester, The New Yorker

"A fascinating new perspective on modern finance," --Oliver Hart, 2016 Nobel Laureate in Economics

"Lucid, witty and delightfully erudite...From the French revolution to film noir, from the history of probability to Jane Austen and The Simpsons, this is an astonishing intellectual feast." --Sebastian Mallaby, author of The Man Who Knew: The Life and Times of Alan Greenspan

Longlisted for 2017 Financial Times/McKinsey Business Book of the Year

A 2017 AMAZON PICK IN BUSINESS & LEADERSHIP

A WealthManagement.com BEST BUSINESS BOOK OF 2017

In 1688, essayist Josef de la Vega described finance as both "the fairest and most deceitful business . . . the noblest and the most infamous in the world, the finest and most vulgar on earth."

The characterization of finance as deceitful, infamous, and vulgar still rings true today - particularly in the wake of the 2008 financial crisis. 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 restoring humanity to finance. With incisive wit and irony, his lecture drew upon a rich knowledge of literature, film, history, and philosophy to explain the inner workings of finance in a manner that has never been seen before.

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.

The mix of finance and the humanities creates unusual pairings: Jane Austen and Anthony Trollope are guides to risk management; Jeff Koons becomes an advocate of leverage; and Mel Brooks's The Producers teaches us about fiduciary responsibility. In Desai's vision, the principles of finance also provide answers to critical questions in our lives. 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.
THE WISDOM OF FINANCE is a wholly unique book, offering a refreshing new perspective on one of the world's most complex and misunderstood professions.

Binding Type: Hardcover
Publisher: Houghton Mifflin
Published: 05/23/2017
ISBN: 9780544911130
Pages: 240
Weight: 0.75lbs
Size: 8.40h x 5.70w x 1.10d

Review Citations: Publishers Weekly 02/27/2017
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SKU: 64290858947

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HW2
Carnegie, US
★★★★★ 5
Good Information, But Poorly Made
Format: Paperback
Educational and I was getting it to assist with getting my PMP. However my only criticisms about the book is that there is a ton of empty space on the pages. I think there would’ve been a better more environmentally friendly way to compact the information in the book. In addition it is very hard to read the book when the spine is constantly spreading apart. I’m afraid that the book pages are going to rip off one time or another. They haven’t yet but it is a concern.
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Reviewed in the United States on September 4, 2022
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Sebastian
Louisville, US
★★★★★ 5
Agile Practice Guide
Format: Paperback
Una muy buena compra para tener como guia repaso de los conceptos mas importantes de las metodologías agiles, y que variables tener en cuenta a la hora de encarar un proyecto y definir con que metodología se gestionará el mismo. En un mundo en donde todos quieren IMPONER metodologías que todavía no entienden muy bien pero estan de moda, es una muy buena herramienta para entender cuando es valido hablar de metodologías agiles, de cuando hablamos de metodologías hibridas, o inclusive discutir si no es un approach mas eficiente el de ejecutar una metodología waterfall o lineal. 100% recomendado.
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Reviewed in the United States on April 23, 2024
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Aquinas Books
Carnegie, US
★★★★★ 5
Excellent Introduction to SQL
Format: Paperback
I am compelled to share my overwhelmingly positive experience with the SQL Quickstart Giude which has proven to be an exceptional resource for anyone wanting to delve into the world of SQL coding. First and foremost, the book is written in an extremely accessible manner, deftly simplifying complex concepts into digestible portions for beginners, yet providing deeper insights for seasoned developers. It transcends the barrier of technical jargon, presenting information in an intuitive, reader-friendly style. However, the true selling point of this book, which separates it from the plethora of SQL resources available in the market, is the ingenious inclusion of its online resources. This addition enhances the book's value immeasurably, allowing the reader to step beyond the theoretical and put their knowledge into practice immediately. The online resources that accompany the book provide a unique learning ecosystem, an ideal blend of theory and practice. They offer a plethora of well-organized and insightful coding examples for each chapter, which are also available for download. This allows the readers not only to work along as they learn but also to experiment and implement their own iterations of the code. This hands-on approach cements the concepts learned in a way that theoretical learning alone cannot. Moreover, these downloads enable offline access, which ensures that you can learn at your convenience, a feature that not many SQL books offer. This aspect of anytime, anywhere learning is crucial in our current fast-paced world. Furthermore, the author provides ample exercises to test your understanding, which are then complemented by detailed solutions on the online platform. This real-time feedback is instrumental in understanding one's progress and identifying areas for improvement, which paves the way for a confident and competent SQL programmer. In conclusion, the "SQL Quickstart Guide" with its companion online resources has proven to be an unbeatable combination for learning SQL. It has created a learning experience that is seamless, engaging, and, most importantly, effective. It is a rare gem in a field often dominated by dense, inaccessible texts and I would highly recommend it to anyone wishing to embark or advance their journey in SQL programming.
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Reviewed in the United States on July 24, 2023
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Szechuan Chicken
Whiting, US
★★★★★ 5
Easy to follow, well written book. Can easily be used in liue of a textbook. Get spiral edition.
Format: Spiral-bound
Walter Shields does a fantastic job of writing this book from a perspective that a reader will have no clue on databases, or SQL. I'm a former Database programmer, but after being away for so many years I had to come back to SQL, and I needed a reference quick. Everything is written in a step by step easy to swallow informational way that leaves no room for failure. Even the examples are fantastic. This book is compatible with opensource SQL so need to pay for anything but the book. Get the spiral edition, it lays flat on the table and is easier to follow. Unlike McGraw Hill, Cengage, Thomson Course Technology, this book doesn't expire and block you from buying a used copy to prevent you from downloading the files needed to learn. A fantastic reference, a great book, timeless because it doesn't expire.
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Reviewed in the United States on October 22, 2024
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Kathryn
Battle Creek, US
★★★★★ 4
SQL qsg book
Format: Paperback, Format: Paperback
I've taken a couple classes on SQL some time ago and was looking for a book to go over basics. This is a perfect book to start with the basics of understanding how to write a SQL query. I really liked that there is a free database to use in SQLite to follow along with the examples in the book. That was very helpful for me. I appreciated the tips throughout the chapters and the practice questions at the end. Easy to read and follow.
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Reviewed in the United States on April 27, 2023

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