Title
The Wisdom Of Finance: Discovering Humanity in the World of Risk and Return,New
Delivery time: 8-12 business days (International)
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 GreenspanLonglisted for 2017 Financial Times/McKinsey Business Book of the YearA 2017 AMAZON PICK IN BUSINESS & LEADERSHIPA WealthManagement.com BEST BUSINESS BOOK OF 2017In 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, lifeaffirming, 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 Desais 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 Brookss The Producers teaches us about fiduciary responsibility. In Desais 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 worlds most complex and misunderstood professions.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What is the main theme of 'The Wisdom Of Finance'? A: The main theme of 'The Wisdom Of Finance' is exploring the intersection of finance and the humanities, illustrating how principles of finance can be understood through literature, history, and philosophy.
- Q: Who is the author of this book? A: The author of 'The Wisdom Of Finance' is Mihir Desai, a professor at Harvard Business School.
- Q: What are the key topics covered in the book? A: The book covers a variety of topics including asset pricing, risk management, debt, bankruptcy, and the ethical dimensions of finance.
- Q: Is 'The Wisdom Of Finance' suitable for beginners? A: Yes, 'The Wisdom Of Finance' is suitable for beginners as it presents complex financial concepts in an accessible manner, using relatable examples from literature and culture.
- Q: What is the format of the book? A: The book is available in a hardcover format and consists of 240 pages.
- Q: When was 'The Wisdom Of Finance' published? A: The book was published on May 23, 2017.
- Q: Does the book include any illustrations? A: Yes, 'The Wisdom Of Finance' is an illustrated edition, enhancing the reader's understanding of the concepts discussed.
- Q: What makes this book unique compared to other finance books? A: This book is unique in its approach, blending finance with insights from the humanities, thus providing a fresh perspective on the subject.
- Q: Who would benefit most from reading this book? A: Both finance professionals and general readers interested in understanding finance's role in society and its ethical implications would benefit from this book.
- Q: Are there any notable reviews or accolades for this book? A: Yes, 'The Wisdom Of Finance' was longlisted for the 2017 Financial Times/McKinsey Business Book of the Year and was an Amazon pick in Business & Leadership.