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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4.1 ★★★★★
Based on 13 reviews
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Product Reviews
C
Verified Purchase
Craig...E
Chelsea, US
★★★★★ 5
Great resource for comic book writers
Format: Paperback
This book is exactly as advertised: a great collection of comic scripts by some of the best writers in the field. This is important for two reasons: 1) There is no set format for comic scripts, so seeing examples of how other people write theirs is invaluable. 2) It can be hard to find sample comic scripts online, especially by the top names in the field. Here's nine of them in one shot. Reading this book will give you great insight into how comics are made, and also how some of the best creators in the field approach their craft.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on July 27, 2012
J
Verified Purchase
J. B. Murphy
Natrona Heights, US
★★★★★ 5
Exactly what it says it is on the tin.
Format: Paperback
It's a collection of comic book scripts, written by some of the best in the business. I'd love it if there were more examples of the finished product, and a step-by-step of back-and-forth between writer and the rest of the creative team would be awesome, but if what you really want is examples of the real deal, this is it.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on April 5, 2013
J
Verified Purchase
James Shepherd
Birmingham, US
★★★★★ 4
Training
Format: Paperback
Buy this book and find out if you really are a good comic artist.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on August 20, 2019
D
Verified Purchase
deblake60
Los Angeles, US
★★★★★ 5
Great book
Format: Paperback
This is very similar to Panel Two, which I bought because of certain comic book writers that I enjoyed. Panel One is basically the same, which provide examples and even so "how to's" and "why's that" type of information.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on May 21, 2013
T
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T.J.
Los Angeles, US
★★★★★ 5
GOOD BUY!!!
Format: Paperback
I love this book. If you are interested in how comics are made do yourself a favor. Also pick up the WIll Eisner textbook trilogy.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on March 1, 2014

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