The Rational Financier. Knows What Lies Behind the Numbers, Manages Risks, Earns Profits

Numbers and ratios in reporting can be so intimidating that one might want to hide behind the back of a seasoned financier. But what if finance is no longer a narrow specialty, but a necessary knowledge for anyone who is building a business, buying, selling, or investing? It won't be possible to ignore EBITDA and Cash Flow for long. Yes, the world of cash flows is complex. But it's not scary if your guide is MIKHIR DESAI, an analyst with experience on Wall Street and a professor at Harvard Business School. He has packaged his popular course into a book that has instantly become popular among his students, who later made careers in Fortune Global 500 companies. Anyone who is afraid of or confuses ROE with ROI will be able to, together with the 'Rational Financier': • understand the basics of financial analysis to quickly read the reports of any company; • develop financial intuition to extract much more important information from multiples than just numbers; • evaluate projects from the perspectives of both a financial director and an investor. MIKHIR A. DESAI is a professor at Harvard Business School and Harvard Law School, the author of the popular course 'Finance for Executives' and the book 'The Wisdom of Finance: Humanity in a World of Risk and Money.' 'Mihir Desai's book masterfully reveals the simple truths and principles of common sense that underpin the world of finance.' — ASWAT DAMODARAN, professor of finance, author of the book 'Investment Valuation: Tools and Techniques for Determining the Value of Any Asset'