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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gbrock
Port Orchard, US
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Perfect Weight
Size: 72"W x 72"L (Pack of 1), Color: 1a. Clear
Is a perfect liner. It’s not super thick or heavy. Easy to hang.
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Carnegie, US
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Too lightweight and flimsy, but it does the job
Size: 72"W x 72"L (Pack of 1), Color: 1a. Clear
This shower liner works as expected, but it is a bit lightweight, and will drift around in the shower. I will look at getting a more heavy duty one in the future. This one has the 3 magnets, and that isn't enough. I would recommend getting one with double the magnets and a thicker plastic. I went cheap and regret it slightly, but at least these things are made to be disposable. Other than that, the durability seems good, and it looks and feels like you would expect, but as stated, the plastic is flimsy and flutters around. Seems fairly mold resistant vs other liners I've used from the store (like cheaper Walmart ones etc).
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S. Cain
Carnegie, US
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Keeps clothes on!
Color: Black, Size: Pack of 30
These hangers are fantastic! They save so much closet space, keep clothes from slipping, and feel sturdy and durable. Great quality for the price and make the closet look neat and organized!
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Trish
Waukegan, US
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Color: Ivory/Rose Gold, Size: Pack of 50, Color: Ivory/Rose Gold, Size: Pack of 50
Such great hangers that save space and provide true non-slipping of clothing. They came in handy as I got rid of ye old plastic hangers. My closet looks so much more organized and a little bit more spacious. They are lightweight and hold up very well. I did notice some hangers had "peeling" to them but I honestly didn't care since they are doing the work they are intended for. These are pretty versatile as I even have winter jackes hanging from them. The price is aslo very good in my opinion and on par with one of the big box companies my mom got hers from, but I like the fact that these come in various colors and finishes. The quantity options are also a blessing as I needed more than I initially opted for. Needless to say I liked them so much I had to order more. I also loved how well and neatly packed they came. 10/10 recommend!
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Slim, sturdy, no slipping
Color: Black, Size: Pack of 100
I love these hangers! The velvet covering on them keeps clothes put, even silky items don’t fall off. I like that they have a small dip on both sides to help keep spaghetti straps even more securely in place Because they aren’t bulky you can utilize your closet space better. The metal hanger at the top also swivels which I find useful when hanging my clothes to steam. Great quality and quantity for the price!
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