A01=Mihir Desai
accounting
Anthony Trollope
Author_Mihir Desai
banking
bankruptcy
Capital Asset Pricing Model
Category=KFF
Category=KJG
core values
debt
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
failure
fiduciary responsibility
film
Finance
Harvard Business School
history
humanity
Jane Austen
Jeff Koons
John Kay
John Lanchester
leverage
literature
marriages
Mel Brooks
mergers
Mihir Desai
nobility
Other People's Money
philosophy
professor
relationships
risk management
self help
The Producers
The Wisdom of Finance
Product details
- ISBN 9781788160056
- Weight: 173g
- Dimensions: 128 x 196mm
- Publication Date: 19 Apr 2018
- Publisher: Profile Books Ltd
- Publication City/Country: GB
- Product Form: Paperback
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Longlisted for the FT & McKinsey Business Book of the Year Award 2017
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.
Mihir Desai was born in India and raised in Hong Kong and New Jersey. As a professor and award-winning teacher at Harvard Business School and Harvard Law School, Desai teaches finance, tax law, entrepreneurship and has recently developed an online finance course for the HBX platform. His scholarship on corporate finance, international finance and tax policy has prompted several invitations to testify before the U.S. Congress and serves as the basis of his advisory role to leading global companies and organizations.
Find him on Twitter @desaimihir | www.mihirdesai.org
