IES Management College And Research Centre

The wisdom of finance: discovering humanity in the world of risk and return (Record no. 48589)

MARC details
000 -LEADER
fixed length control field a
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20171120201747.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 171120b xxu||||| |||| 00| 0 eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 978-1-7881-6004-9
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 332/Des
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Desai, Mihir
9 (RLIN) 28574
245 ## - TITLE STATEMENT
Title The wisdom of finance: discovering humanity in the world of risk and return
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc Profile Books Ltd.,
Date of publication, distribution, etc 2017
Place of publication, distribution, etc London
300 ## - PHYSICAL DESCRIPTION
Extent xiii, 223
Other physical details Paper
520 ## - SUMMARY, ETC.
Summary, etc "A fascinating new perspective on modern finance," --Oliver Hart, 2016 Nobel Laureate in Economics<br/><br/>"Lucid, witty and delightfully erudite...From the French revolution to film noir, from the history of probability to Jane Austen and The Simpsons, this is an astonishing intellectual feast." --Sebastian Mallaby, author of The Man Who Knew: The Life and Times of Alan Greenspan<br/><br/>A 2017 AMAZON PICK IN BUSINESS & LEADERSHIP<br/><br/>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."<br/><br/>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? <br/><br/>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?<br/><br/>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.<br/><br/>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 insiders can reacquaint themselves with the core humanity of their profession.<br/><br/>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's 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.<br/>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.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Responsibility of business
9 (RLIN) 28575
Topical term or geographic name as entry element Financial institution--- social aspects
9 (RLIN) 28576
Topical term or geographic name as entry element Financial services industry-- social aspects
9 (RLIN) 28577
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Item type Book
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Source of acquisition Cost, normal purchase price Total Checkouts Full call number Barcode Date last seen Cost, replacement price Price effective from
    Dewey Decimal Classification     Main Library Main Library 18/11/2017 Granth - GR-17-CRB-613/Dt. 14-11-2017 479.20   332/Des/34256 11134256 07/06/2022 599.00 18/11/2017

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