Ifinance Review: A Comprehensive Guide to Understanding Finance and Investing

As a newcomer to stock market investing, I found myself struggling to grasp even the most basic concepts of finance and investing. Despite reading different books on the subject, I couldn't seem to get past my lack of understanding of fundamental analysis and value investing. That was until I came across 'Finance' by Mihir Desai.

As a student of Prof Kaul's course in Finance at University of Michigan and EdX, I already had some knowledge of financial concepts such as the time value of money, present value, annuity, and perpetuity. However, I couldn't fully grasp these concepts until I read this book. The approach taken by Prof Desai is entirely different from what I learned from Prof Kaul, but it's just as practical.

What sets this book apart is its ability to introduce financial concepts in a clear and easy-to-understand manner. The author takes a didactic approach, walking the reader through complex equations and definitions in a tutored environment. Periodic vignettes are included to help reflect on the material being discussed.

I was particularly impressed with how the book covers decoding financial statements. Unlike other books I've read, this one provides comprehensive coverage of the subject matter. The author doesn't just list definitions and equations; instead, he takes the time to explain each concept in detail, making it easy for even those without a commerce or business background to understand.

I would highly recommend 'Finance' by Mihir Desai to anyone looking to familiarize themselves with financial concepts and lingo. Whether you're new to investing, starting a job that requires communicating with financial personnel, or simply want to learn how to evaluate a company before investing in it, this book is an excellent resource.

Overall, I found 'Finance' by Mihir Desai to be an awesome book on the subject of finance and investing. It's well-written, easy to understand, and provides comprehensive coverage of financial concepts. If you're looking for a book that can help you grasp the basics of finance and investing, look no further than this one.

Ifinance review