The Wisdom of Finance: How the Humanities Can Illuminate and Improve Finance by Mihir Desai
They were included in the long list of the 2017 FT & McKinsey Business Book of the Year, where funding is in a state of ambiguity for outsiders, while many…
The Wisdom of Finance synopsis
They were included in the long list of the 2017 FT & McKinsey Business Book of the Year, where funding is in a state of ambiguity for outsiders, while many insiders are not concerned about discrediting their profession. How can funding become easier and restore its nobility? Harvard BusinessSchool Professor Meihir Desai addresses the issue of restoring humanity to finance. Thanks to its intelligent performance, it relies on rich knowledge of literature, film, history and philosophy to explain its internal financebusiness.
Through this creative approach, it appears that external parties can easily access basic ideas and the intruders can recognize the basic values of their profession. This mix of finance and humanities creates unusual and glowing pairs: Jane Austen and Anthony Trollope are two guides to risk management.
Jeff Connors becomes a defender of leverage; and Mel Brooks teaches us about the responsibility of credit. 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, applies merger lessons to marriage, and the capital asset pricing model illustrates the true value of relationships.
Financial Wisdom is a unique book, offering a new perspective of revitalization in one of the world's most complex and misunderstood professions.
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