The Wisdom of Finance: Discovering Humanity in the World of Risk and Return Audiobook (Free)

In 1688 essayist Josef de la Vega described finance as both “the fairest & most deceitful business…the noblest as well as the most infamous in the world, the best possible and most vulgar on the planet.”

The characterization of finance as deceitful, infamous, and vulgar still rings true today-particularly in the wake from the 2008 financial crisis. But what happened to the fairest, noblest, and finest occupation that de la Vega saw?

De la Vega hit on an essential truth that is forgotten: finance can be about The Intelligence of Finance: Discovering Humanity in the wonderful world of Risk and Come back just as principled, life-affirming, and deserving as it can be fraught with questionable methods. Today, finance is normally shrouded in mystery for outsiders, while many insiders are uneasy using the disrepute of their occupation. How can fund become more available and also recover its nobility?

Harvard Business School teacher 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 wealthy knowledge of books, film, background, and philosophy to explain the inner workings of fund in a manner that hasn’t 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 book, creative strategy, Desai shows that outsiders can access the underlying suggestions easily and that insiders can reacquaint themselves with the core mankind of their job.

The mixture of finance as well as the humanities creates unusual pairings: Jane Austen and Anthony Trollope are guides to risk administration; Jeff Koons turns into an advocate of leverage; and Mel Brooks’ The Suppliers teaches us about fiduciary responsibility. In Desai’s vision, the concepts of finance also provide answers to critical questions inside our lives. Among many astonishing parallels, bankruptcy teaches us how exactly to react to failure, the lessons of mergers connect with marriages, and the capital asset pricing model demonstrates the real value of human relationships.

The Wisdom of Fund is a wholly unique book supplying a relaxing new perspective using one of the world’s most complex and misunderstood professions.

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