How Finance Works

 

Introduction

For many, finance is cloaked in mystery and quite intimidating. This unfortunate outcome is no coincidence. Many in finance like to shroud what they do in order to intimidate outsiders. But if you want to progress in your career, you’ll need to engage deeply in finance—it is the language of business, the lifeblood of the economy, and increasingly a dominant force in capitalism. So neglecting finance and hoping to survive meetings by thoughtfully nodding your head is an increasingly untenable choice.

Fortunately, you can learn the central intuitions of finance without mastering the intricacies of spreadsheet modeling or the pricing of derivatives. This book aims to provide you with the most central intuitions of finance so that ...