Ten books that financial practitioners must read.

Entrepreneurial guidance 1, Principles of Man Kun Economics Peking University Publishing House.

Comments: Many people really understand western economics, starting with Man Kun's Principles of Economics, because it is interesting and easy to understand, and the "Ten Principles of Economics" is impressive. When I studied Samuelson's economics, I felt that economics was like a rigorous old pedant, but when I studied Man Kun, it was different. I believe you will like her even if you don't work in finance. This is definitely an affordable pillow book.

2. Frederick S. mishkin's Monetary Finance (2nd Edition) Machinery Industry Press.

Comments: However, professionals in the financial industry will not be unfamiliar with this book. This is the first professional basic course textbook for financial professionals. In the past, the course of China University was called "Money Banking". Later, with the development of the financial industry, money gradually became a part of financial products, but not all. Banks are also a branch of financial institutions, so they are changed to Finance or Monetary Finance, which are in line with international standards, but they are actually the same kind of books. Frederick S. mishkin is the absolute authority in this field. Renmin University of China Press has published another version of this book, but the latest version has deleted chapters on non-bank financial institutions, derivative financial instruments and conflicts of interest in the financial industry. I feel sick!

3.frank J. Fabozzi "Basic Principles of Financial Markets and Financial Institutions" (4th Edition) Machinery Industry Press.

Comments: mishkin also wrote Financial Markets and Financial Institutions, but I personally prefer this book by Frank J of Yale University. Fabozzi wrote Fundamentals of Financial Markets and Financial Institutions, because mishkin's strength lies in the study of monetary theory, but it is slightly inferior to financial institutions, and Fabozzi is also the designated textbook of Yale University. I like the lecturer Robert very much. Schiller is modest, rigorous and knowledgeable, and he is shy from time to time in class, haha. In addition, online videos of open classes can be downloaded everywhere. Reading a book in front of a video will make you feel like attending a class at Yale University!

In addition, the books mentioned in the video, such as Irrational Prosperity, Long-term Magic Weapon of Stock Market, Overcoming Wall Street and Principles of Corporate Finance, have also been copyrighted in China, so you can refer to them.

4. Wei Zi. Bodi Investment (7th Edition) Machinery Industry Press

Comments: Can you find something more authoritative than this book? The answer is no, if William ever. If the Sharp Edition of Investment can still compete with it, the fact that the fifth edition of Sharp Edition of Investment in 2002 has been settled further proves that the Boddy Edition of Investment is an absolute number of 1 in the field of investment, and it is a well-deserved master. However, there are some problems in the translation of the seventh edition. Friends with good English can find the corresponding English version.

5. Stephen A. Ross's Corporate Finance (8th Edition) Machinery Industry Press.

Comments: The influence of this book on the financial field of domestic companies can be seen from the piracy of this book by street bookstores. The arbitrage pricing theory put forward by Professor Ross in 1976 and William. The capital asset pricing model proposed by Sharp and others has also become a forecasting method to determine the relationship between asset risk and its expected rate of return. This is a classic book that can accompany you in the workplace for a lifetime and benefit you endlessly.

6 Paul. Krugman International Economics (8th Edition) Renmin University of China Press.

Comments: When it comes to international economics, we have to mention Paul. Krugman, a maverick professor at Princeton University. Long before he won the Nobel Prize in Economics in 2008, his International Economics had been adopted as a teaching material by universities in China. The imperfect competitive market and trade theory that finally made him famous in the world are elaborated in this book. It is worth mentioning that international economics is divided into two parts: international finance and international trade, which is helpful for readers to choose according to their own needs.

7. John C. Hull Options Futures and Other Derivatives Machinery Industry Press

Comments: My first contact with this book 1 was in 2000, when it was the third edition published by Huaxia Publishing House, and the price was only 49 yuan. A few years later, I happened to come to the bookstore and saw the sixth edition published by People's Posts and Telecommunications Publishing House, and the price had soared to 128 yuan. By the seventh edition of Machinery Industry Press, the price had fallen back to 78 yuan's psychological price. This book is the "Bible" in the field of financial engineering and an essential tool for Wall Street people. According to friends in the United States, the difficulty of this book is low, but it has become a high-end professional book in China, probably because China's financial development is far behind the United States. There's another interesting thing about this book, Will. In the film Chasing Happyness starring Smith, the American version of this book also appeared. Interested friends should look for it, hehe.

8. Frank J. Fabozzi, Bond Market: Analysis and Strategy, Peking University Press.

Comments: After reading the above financial foundation, you should know the contents of fixed-income securities. Now the stock market is so depressed that it needs more attention. The author frank J. Fabozzi is actually the author of the aforementioned Fundamentals of Financial Markets and Financial Institutions. Fabozzi (the translation of the author's name by different publishing houses is quite big), the book was published in 2007, which is a bit old, but very classic. The content is fairly easy to read, basically at the introductory level, especially the basic knowledge about bonds is very systematic and comprehensive, and there are also very suitable application examples, but there are also some in-depth contents, so I'd better choose to read it myself. Actually, I still expect something simpler, hehe.

9. Frank. k？ Riley Investment Analysis and Portfolio Management (8th Edition) (I and II) China Renmin University Press.

Comments: Everyone knows that the way to reduce risks is not to put eggs in one basket, but in the unpredictable financial capital market, not everyone is Buffett or Soros. Although the portfolio theory of modern investment (000900, stock X) is 1952 Harry. Markowitz put it forward in a paper entitled "Portfolio Selection" (Markowitz won the 1990 Nobel Prize in Economics for this), but it can really summarize the latest research results in the field of investment management, and it is not difficult to read. Personally, I think this book is one of the best, but the price is not cheap. 168 yuan. You can weigh it yourself before you buy it.

William, 10. Forbes Behavioral Finance Machinery Industry Press

Comments: Behavioral finance is the latest research direction in the field of international finance, which has launched a strong challenge to the traditional efficient market hypothesis theory. Will those who can study psychology and finance together become the darling of the next Nobel Prize? The book comprehensively discusses financial phenomena and financial market models, and at the same time explains the rationality of the collision between new elements and old logic in the financial field from a broader social science scope. Behavioral finance is a developing discipline, and friends who want to know about related fields can start with this book. If you want to know more about asset pricing, you can pay attention to Hirsch. The Behavioral Method of Asset Pricing published by Schaeffling in 2005.

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