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Posted by Craig on 05:42:00 AM in Economics
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Good classic titles, but if I had to assign just one beginner's book to the average undergraduate student, I would use Michael Lewis's Moneyball. (Not the movie -- it's great but misses the most insightful points of the book.)
Moneyball conveys, very cleverly, key financial ideas on arbitrage, value, economic profit, financial vs. non-financial constraints, and ''synthetic'' assets. All that's missing is the time value of money, and you'd have all the financial intuition you need to get started.
January 16, 2013 at 09:44 AM
I have read (and own) 'Against The Gods: The Remarkable Story Of Risk', 'The Intelligent Asset Allocator', 'A Random Walk Down Wall Street', and 'The Money Game'. And they are indeed, IMHO, well worth reading.
I would also remind everyone that, whereas Jesus saves, Moses invests! You're welcome.
January 16, 2013 at 02:26 PM
@TheBigHenry - The way I heard it, exegesis saves.
January 17, 2013 at 08:51 AM
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