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I agree that one doesn't need to know all that stuff in that book for this area. You are right that leasing, taxes, mergers, or corporate governance don't apply. Those chapters in any corporate finance book should be considered the sandwich for the meat. If you don't like those chapters, be a picky eater and just go for the meat and leave the sandwich alone.

But if one has no clue about how stock markets work, how risk is quantified, the intricacies of call and put options, the various types of bonds, etc. than I would suggest a corporate finance book is a good place to start.

Why? It starts slow and builds the concepts on top of each other. These books take a long time to put together and they are usually pedagogically well put together. Just for this along I would recommend such a book. The effort that has been put together to make sure that students have the best opportunity to easily pick up the knowledge is really high.

I especially like the above book as it builds the concept of the law of one price and arbitrage very well.

I have made the assumption that kevincrane is at this starting point.

The reality of all this is that this stuff is hard.

It's quite amazing much the study of finance is so complex. A corporate finance book let's you gaze into the window without actually stepping inside.

As I suggested, its a starting point.

In my opinion, if one can't get their head around the knowledge in a corporate finance book the rest of the material in the more technical focused books on that book list will not be very accessible. There is a reason why people in the field have Masters and PhD's in strong heavy math focused specializations.




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