Fischer Black and the Revolutionary Idea of Finance
In a 30-year career equally divided between academics (University of Chicago) and Wall Street, Black contributed seminal papers in almost every area of finance and many areas of economics, but few were published in major peer-reviewed journals and many were never published at all. He spent most of his time alone in a room thinking and writing, was uncomfortable in large groups, an undistinguished lecturer … [ Read more ]
Content: Book | Author: Perry Mehrling | Subjects: Finance, History
My Life as a Quant: Reflections on Physics and Finance
Emanuel Derman was one of the first physicists to move to Wall Street, and his career paralleled the growth of quantitative trading over the past twenty years. In My Life as a Quant , he traces his transformation from ambitious young scientist to managing director and head of the renowned Quantitative Strategies group at Goldman, Sachs and Co. Derman’s tale recounts his adventures with quants, … [ Read more ]
Content: Book | Author: Emanuel Derman | Subject: Finance | Industry: Investing
Once in Golconda: A True Drama of Wall Street 1920-1938
Once in Golconda is a dramatic chronicle of the breathtaking rise, devastating fall, and painstaking rebirth of Wall Street in the years between the wars. Focusing on the lives and fortunes of some of the era’s most memorable traders, bankers, boosters, and frauds, John Brooks brings to vivid life all the ruthlessness, greed, and reckless euphoria of the ’20s bull market, the desperation of the … [ Read more ]
Content: Book | Author: John Brooks | Subjects: Finance, History | Industry: Investing
Investment Valuation: Tools and Techniques for Determining the Value of Any Asset
Valuation is at the heart of every investment decision, whether that decision is to buy, sell, or hold. But the pricing of any financial asset has become a more complex task in modern financial markets. Now completely revised and fully updated to reflect changing market conditions, Investment Valuation, Second Edition, provides expert instruction on how to value virtually any type of asset-stocks, bonds, options, futures, … [ Read more ]
Content: Book | Author: Aswath Damodaran | Subject: Finance
Financial Intelligence: A Manager’s Guide to Knowing What the Numbers Really Mean
Managers in every business are expected to use financial data to make decisions, allocate resources, and budget expenses. But the truth is, many are uncomfortable applying the most basic financial tools in their day-to-day work. Even managers who consider themselves financially savvy may not understand what goes into a financial statement, and so may take the numbers as gospel when they should be questioning them.
In … [ Read more ]
Content: Book | Authors: Joe Knight, John Case, Karen Berman | Subjects: Finance, Management
EVA and Value-Based Management: A Practical Guide to Implementation
Economic Value Added (EVA) and Value Based Management (VBM) are today’s hottest management buzzwords. But written information has often been biased and clouded by the authors’ hidden agendas. EVA and Value-Based Management is the first book to unflinchingly discuss the pros and cons of EVA and VBM. Covering both implementation and conceptual issues, with a strong emphasis on performance measurement, value drivers, and management compensation, … [ Read more ]
Content: Book | Authors: S. David Young, Stephen F. O’Byrne | Subject: Finance
The Battle for the Soul of Capitalism
Despite its inflated title, this volume is a worthy jeremiad against corporate excess, especially the kind hastened by the mutual fund industry that Bogle, former CEO of low-cost Vanguard, knows well. Among the problems: inflated executive compensation and creative accounting that allows companies to claim profits even when they’re in the red. Mutual fund companies, Bogle charges, care more about short-term results than long-term value, … [ Read more ]
Content: Book | Author: John C. Bogle | Subjects: Finance, Industry Specific | Industry: Finance / Banking
Ponzi’s Scheme: The True Story of a Financial Legend
Before Charles Ponzi (1882-1949) sailed from Italy to the shores of America in 1903, his father assured him that the streets were really paved with gold – and that Ponzi would be able to get a piece. As journalist Zuckoff observes in this engaging and fast-paced biography, Ponzi learned as soon as he disembarked that though the streets were often cobblestone, he could still make … [ Read more ]
Content: Book | Author: Mitchell Zuckoff | Subjects: Finance, History | Industry: Finance / Banking
Intangibles: Management, Measurement, and Reporting
This book is the first comprehensive, scientifically based study of the nature and impact of intangibles. Weaving case studies and real-world examples with contemporary business theory, Baruch Lev
* establishes an economic framework to analyze managerial and investment issues concerning intangibles;
* surveys the impact of intangibles on corporate performance and market values, including management difficulties, risk, questions of property rights, marketability, and cost … [ Read more ]
Content: Book | Author: Baruch Lev | Subjects: Accounting, Finance
Value Imperative: Managing for Superior Shareholder Returns
Moving beyond the strategies that managers have employed to create shareholder value – now the standard for business performance – management experts James McTaggart, Peter Kontes, and Michael Mankins reveal their powerful new framework for the systematic, day-to-day management of shareholder value. The authors attack head-on the fundamental weaknesses in current management practices, namely, the stranglehold that budgeting has over strategic planning and the lack … [ Read more ]
Content: Book | Authors: James M. McTaggart, Michael C. Mankins, Peter W. Kontes | Subjects: Finance, Management
Beyond Budgeting: How Managers Can Break Free from the Annual Performance Trap
This concise and cogent management study focuses on reforming the traditional annual budgeting process. The authors, both experienced consultants, argue persuasively that the “fixed-performance contract” mode of conventional budgeting increases costs and delays and centralizes decision-making to the point of reduced flexibility and adaptability. In the current rapidly changing business environment (particularly international business), where there’s less of a demand for strictly hierarchical models of … [ Read more ]
Content: Book | Authors: Jeremy Hope, Robin Fraser | Subjects: Finance, Management
Socially Responsible Investment: A Global Revolution
With a focus on corporate governance and business ethics, this timely book covers the evolution of socially responsible investing over time and around the world. Author Russell Sparkes is a U.K.-based authority with a bird’s eye view on the global perspective. Chapters cover Britain’s historic 2001 SRI regulations, as well as what Japan and Europe at large are doing in the field of SRI. Interestingly, … [ Read more ]
Content: Book | Author: Russell Sparkes | Subjects: Finance, Social Responsibility (ESG) | Industry: Investing
The Real World of Finance: 12 Lessons for the 21st Century
Finance executives who still cling to lessons learned in MBA programs long ago, failing to grasp the realities of the new economy, may unwittingly expose their corporations to undue risk, says author James S. Sagner. He suggests that recent major accounting scandals and business failures are partly the result of finance’s failure to recognize that the new economy is destroying old-economy constants and to reexamine … [ Read more ]
Content: Book | Author: James S. Sagner | Subject: Finance
CFO Insights : Achieving High Performance Through Finance Business Process Outsourcing
Outsourcing is no longer seen as merely a cost cutting exercise, but as a definitive strategy benefiting companies in such areas as quality improvement, increased efficiency, cost control, added value, and fulfillment of customer needs. This book features case studies and interviews with CFOs of leading blue chip companies, looking at the benefits and drawbacks of outsourcing the finance function, and offers insights into making … [ Read more ]
Content: Book | Authors: Cedric Read, Michael Donnellan, Stewart Clements | Subjects: Finance, IT / Technology / E-Business
The Definitive Guide to Managing the Numbers
A very accessible guide to the financial information, tools, and techniques managers commonly face. Written for executives and managers-not financial professionals-chapters look at “How the Finance Director Thinks” and “Business Across Borders” as well as the nuts-and-bolts topics you would expect such as “Building Balance Sheets” and “How to Forecast Anything.” Each chapter covers a different financial topic and includes a list of “10 questions … [ Read more ]
Content: Book | Author: Richard Stutely | Subjects: Finance, Management
Guide to Analysing Companies
The definitive guide to how to analyze and assess the strengths and weaknesses of any company.
How do you tell how well run a company is and how well it is doing? Which ratios and benchmarks should you use to assess performance? What can be done to massage company results? How do you recognize danger signs on the corporate horizon? How do you compare companies … [ Read more ]
Content: Book | Author: Bob Vause | Subject: Finance
Real Options Analysis: Tools and Techniques for Valuing Strategic Investments and Decisions
Offers a pragmatic, reliable, and entertaining guide. Complex concepts and formulas are brilliantly interspersed with well-chosen examples and step by step walk-through from a variety of industries.
Content: Book | Author: Johnathan Mun | Subjects: Finance, Management
Finance for Managers
An entry in the new Harvard Business Essentials series, this primer is designed to introduce non-financial managers to business finance. Short chapters define and describe the basic elements of financial statements, accounting, taxes, venture capitalization, budgeting, decision and investment analysis, and business valuation in layman’s terms.
Content: Book | Authors: Richard Luecke, Samuel Hayes | Subject: Finance
What the Numbers Say: A Field Guide to Mastering Our Numerical World
Not sure how to precisely gauge what every number in that financial statement represents? There’s no need to be insecure, according to Derrick Niederman and David Boyum. Numbers are merely a way to communicate and analyze a quantitative situation, and this volume provides guidelines to give you full comprehension and assurance. The book presents a series of pithy essays on various numerical analytical situations such … [ Read more ]
Content: Book | Authors: David Boyum, Derrick Niederman | Subjects: Finance, Personal Development
Bombardiers
First-novelist Bronson takes on modern business in a black comedy about a group of money-crazed and eccentric bond traders in San Francisco.
Regardless of how you feel about investment banking (“It’s a complete scam!”; “It’s a great way to make a killing!”), this non-stop novelistic indictment of the shark-infested financial world–and by extension, much of the corporate world–is bound to make you laugh uproariously–and think … [ Read more ]
Content: Book | Author: Po Bronson | Subjects: Finance, Industry Specific | Industry: Investment Banking
