We look forward to seeing you on your next visit to the library. Find a location near you.

The Wisdom of Finance: Discovering Humanity in the World of Risk and Return
(OverDrive MP3 Audiobook, OverDrive Listen)

Book Cover
Your Rating: 0 stars
Star rating for

Published:
Blackstone Publishing 2017
Status:
Checked Out

Description

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 that 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' 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.

Also in This Series

Formats

OverDrive MP3 Audiobook
Works on MP3 Players, PCs, and Macs. Some mobile devices may require an application to be installed.
OverDrive Listen
Need Help?
If you are having problem transferring a title to your device, please fill out this support form or visit the library so we can help you to use our eBooks and eAudio Books.

More Like This

Other Editions and Formats

More Copies In LINK+

Loading LINK+ Copies...

More Details

Format:
OverDrive MP3 Audiobook, OverDrive Listen
Edition:
Unabridged
Street Date:
05/30/2017
Language:
English
ISBN:
9781538427842

Reviews from GoodReads

Loading GoodReads Reviews.

Citations

APA Citation (style guide)

Mihir A. Desai. (2017). The Wisdom of Finance: Discovering Humanity in the World of Risk and Return. Unabridged Blackstone Publishing.

Chicago / Turabian - Author Date Citation (style guide)

Mihir A. Desai. 2017. The Wisdom of Finance: Discovering Humanity in the World of Risk and Return. Blackstone Publishing.

Chicago / Turabian - Humanities Citation (style guide)

Mihir A. Desai, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return. Blackstone Publishing, 2017.

MLA Citation (style guide)

Mihir A. Desai. The Wisdom of Finance: Discovering Humanity in the World of Risk and Return. Unabridged Blackstone Publishing, 2017.

Note! Citation formats are based on standards as of July 2022. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.

Copy Details

LibraryOwnedAvailable
Shared Digital Collection20

Staff View

Grouped Work ID:
d938a5e1-3d19-41e7-4e3d-c854a0f5229d
Go To Grouped Work

QR Code

API Extraction Dates

Needs Update?:
No
Date Added:
Jun 12, 2018 18:57:38
Date Updated:
Oct 22, 2022 19:47:20
Last Metadata Check:
Sep 08, 2024 10:36:09
Last Metadata Change:
Jul 12, 2024 22:59:53
Last Availability Check:
Sep 08, 2024 10:36:12
Last Availability Change:
Sep 06, 2024 12:03:38
Last Grouped Work Modification Time:
Sep 14, 2024 02:15:06

OverDrive Product Record

images
    • cover:
        • href: https://img1.od-cdn.com/ImageType-100/0887-1/{A09C93B1-88C0-4C6E-9A75-6DF207175337}IMG100.JPG
        • type: image/jpeg
    • thumbnail:
        • href: https://img1.od-cdn.com/ImageType-200/0887-1/{A09C93B1-88C0-4C6E-9A75-6DF207175337}IMG200.JPG
        • type: image/jpeg
    • cover150Wide:
        • href: https://img1.od-cdn.com/ImageType-150/0887-1/{A09C93B1-88C0-4C6E-9A75-6DF207175337}IMG150.JPG
        • type: image/jpeg
    • cover300Wide:
        • href: https://img1.od-cdn.com/ImageType-400/0887-1/{A09C93B1-88C0-4C6E-9A75-6DF207175337}IMG400.JPG
        • type: image/jpeg
formats
      • identifiers:
            • type: PublisherCatalogNumber
            • value: 9781982465469
            • type: ISBN
            • value: 9781538427842
      • name: OverDrive MP3 Audiobook
      • id: audiobook-mp3
      • identifiers:
            • type: PublisherCatalogNumber
            • value: 9781982465469
            • type: ISBN
            • value: 9781538427842
      • name: OverDrive Listen
      • id: audiobook-overdrive
mediaType
Audiobook
primaryCreator
    • role: Author
    • name: Mihir A. Desai
title
The Wisdom of Finance
dateAdded
2017-07-20T22:12:00Z
contentDetails
      • href: https://link.overdrive.com/?websiteID=141&titleID=3205249
      • type: text/html
      • account:
          • name: Sacramento Public Library (CA)
          • id: 1151
sortTitle
Wisdom of Finance Discovering Humanity in the World of Risk and Return
crossRefId
3205249
subtitle
Discovering Humanity in the World of Risk and Return
id
A09C93B1-88C0-4C6E-9A75-6DF207175337
starRating
3.9

OverDrive MetaData

isPublicDomain
False
formats
      • duration: 06:32:51
      • fileName: TheWisdomofFinance_9781538427859_3205249
      • partCount: 8
      • fileSize: 187158916
      • identifiers:
            • audience: retailer
            • type: PublisherCatalogNumber
            • value: 9781982465469
            • audience: library
            • type: ISBN
            • value: 9781538427842
      • rights:
            • type: PlayOnPC
            • value: 1
            • type: PlayOnPCCount
            • value: -1
            • type: BurnToCD
            • value: 1
            • type: BurnToCDCount
            • value: -1
            • type: PlayOnPM
            • value: 1
            • type: TransferToSDMI
            • value: 1
            • type: TransferToNonSDMI
            • value: 1
            • type: TransferCount
            • value: -1
            • type: CollaborativePlay
            • value: 0
            • type: PublicPerformance
            • value: 0
            • type: TranscodeToAAC
            • value: 1
      • name: OverDrive MP3 Audiobook
      • isReadAlong: False
      • bundledTitles:
            • format: ebook-pdf-adobe
            • id: 05AD6521-6F0F-4C73-842C-496A6CD2DD37
            • format: ebook-overdrive
            • id: 05AD6521-6F0F-4C73-842C-496A6CD2DD37
      • id: audiobook-mp3
      • onSaleDate: 6/4/2017
      • samples:
            • source: Part 1
            • formatType: audiobook-mp3
            • url: https://excerpts.cdn.overdrive.com/FormatType-425/0887-1/3205249-TheWisdomOfFinance.mp3
            • source: From the book
            • formatType: audiobook-overdrive
            • url: https://samples.overdrive.com/?crid=a09c93b1-88c0-4c6e-9a75-6df207175337&.epub-sample.overdrive.com
      • duration: 06:29:51
      • fileName: WisdomofFinanceDiscoveringHumanityintheWorldof-135
      • partCount: 0
      • fileSize: 187131190
      • identifiers:
            • audience: retailer
            • type: PublisherCatalogNumber
            • value: 9781982465469
            • audience: library
            • type: ISBN
            • value: 9781538427842
      • name: OverDrive Listen
      • isReadAlong: False
      • bundledTitles:
            • format: ebook-pdf-adobe
            • id: 05AD6521-6F0F-4C73-842C-496A6CD2DD37
            • format: ebook-overdrive
            • id: 05AD6521-6F0F-4C73-842C-496A6CD2DD37
      • id: audiobook-overdrive
      • onSaleDate: 6/4/2017
      • samples:
            • source: Part 1
            • formatType: audiobook-mp3
            • url: https://excerpts.cdn.overdrive.com/FormatType-425/0887-1/3205249-TheWisdomOfFinance.mp3
            • source: From the book
            • formatType: audiobook-overdrive
            • url: https://samples.overdrive.com/?crid=a09c93b1-88c0-4c6e-9a75-6df207175337&.epub-sample.overdrive.com
creators
      • role: Author
      • fileAs: A. Desai, Mihir
      • bioText:

        Mihir A. Desai is an award-winning professor of finance at Harvard Business School and a professor of law at Harvard Law School. His areas of expertise include international finance, corporate finance, and tax policy, and his academic publications have appeared in leading journals. His opinion pieces have appeared in the Washington Post, the Wall Street Journal, the New York Times, and the Harvard Business Review, and he has testified several times before congressional bodies.

      • name: Mihir A. Desai
publishDate
2017-05-30T00:00:00-04:00
edition
Unabridged
isOwnedByCollections
True
title
The Wisdom of Finance
fullDescription

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 that 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' 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.

reviews
      • premium: True
      • source: Publisher's Weekly
      • content:

        February 27, 2017
        In this slender but erudite treatise, law and finance professor Desai (International Finance: A Casebook) proposes that humanity, rather than the hot-button issue of income inequality, lies at the center of finance. To do this, he calls upon none other than Jane Austen and John Milton, among others. Desai gives humanists explanations of basic financial principles, such as value creation and leverage, with nary a numeral. For number crunchers, Desai provides a fresh way of viewing basic ideas. A scene from Dashiell Hammett’s novel The Maltese Falcon is used to explain randomness and chance. The contemporary artist Jeff Koons is invoked to illustrate the power of financial leverage. Other analogies work less well: the description of the Time Warner–AOL merger as a May-December romance seems both strained and precious. Nonetheless, this book does valuable work toward demystifying finance for laypeople and deepening the art for practitioners. Desai’s approach will broaden and enrich any perspective. Agent: Jay Mandel, William Morris Endeavor.

      • premium: True
      • source: AudioFile Magazine
      • content: Stephen R. Thorne captures the optimism in this invitation to make your organization a crucible for human growth instead of a place where learning is stifled and spirits are deadened. His phrasing and pacing have the energy to give hope to leaders who have become complacent or cynical about helping people grow. Using the examples of three companies, the authors explain how learning cultures are created with practices that are woven into the company's daily operations and communication. Delivered with consistent clarity and confidence, this is an important lesson for anyone who cares about how people can thrive in organizational settings. T.W. © AudioFile 2017, Portland, Maine
popularity
363
links
    • self:
        • href: https://api.overdrive.com/v1/collections/v1L1BWwAAAA2I/products/a09c93b1-88c0-4c6e-9a75-6df207175337/metadata
        • type: application/vnd.overdrive.api+json
    • shareInLibby:
        • href: https://link.overdrive.com/share?q=gegwAMShdiw
        • type: text/HTML
id
a09c93b1-88c0-4c6e-9a75-6df207175337
starRating
3.9
images
    • cover:
        • href: https://img1.od-cdn.com/ImageType-100/0887-1/{A09C93B1-88C0-4C6E-9A75-6DF207175337}IMG100.JPG
        • type: image/jpeg
    • thumbnail:
        • href: https://img1.od-cdn.com/ImageType-200/0887-1/{A09C93B1-88C0-4C6E-9A75-6DF207175337}IMG200.JPG
        • type: image/jpeg
    • cover150Wide:
        • href: https://img1.od-cdn.com/ImageType-150/0887-1/{A09C93B1-88C0-4C6E-9A75-6DF207175337}IMG150.JPG
        • type: image/jpeg
    • cover300Wide:
        • href: https://img1.od-cdn.com/ImageType-400/0887-1/{A09C93B1-88C0-4C6E-9A75-6DF207175337}IMG400.JPG
        • type: image/jpeg
isPublicPerformanceAllowed
False
languages
      • code: en
      • name: English
subjects
      • value: Business
      • value: Finance
      • value: Nonfiction
      • value: Economics
publishDateText
05/30/2017
otherFormatIdentifiers
      • type: ISBN
      • value: 9781538427798
mediaType
Audiobook
shortDescription

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...

sortTitle
Wisdom of Finance Discovering Humanity in the World of Risk and Return
crossRefId
3205249
subtitle
Discovering Humanity in the World of Risk and Return
publisher
Blackstone Publishing
bisacCodes
      • code: BUS027000
      • description: BUSINESS & ECONOMICS / Finance / General
      • code: BUS107000
      • description: Business & Economics / Personal Success