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  • The Wisdom of Finance

  • Discovering Humanity in the World of Risk and Return
  • By: Mihir Desai
  • Narrated by: Mihir Desai
  • Length: 6 hrs and 29 mins
  • 4.6 out of 5 stars (19 ratings)

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The Wisdom of Finance

By: Mihir Desai
Narrated by: Mihir Desai
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Publisher's Summary

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 takes up the cause of restoring humanity to finance. With deft wit, he draws upon a rich knowledge of literature, film, history, and philosophy to explain finance's inner workings.

Through this creative approach, he shows that outsiders can easily access the underlying ideas and insiders can reacquaint themselves with the core values of their profession. This combination of finance and the humanities creates unusual and illuminating pairings: Jane Austen and Anthony Trollope are guides to risk management; Jeff Koons becomes an advocate of leverage; and Mel Brooks' The Producers teaches us about fiduciary responsibility.

In Desai's vision, the principles of finance also provide answers to critical questions in our lives: 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 an enlivening new perspective on one of the world's most complex and misunderstood professions.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2017 Mihir Desai (P)2017 Blackstone Audio, Inc

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Very interesting. Take on finance

I enjoy the book, especially because of his correlation between stories that the author puts forward and the world of finance

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