Read the numbers with confidence, understand how markets work, and value a business.
As an Amazon Associate I earn from qualifying purchases. Book links on this site are affiliate links, so we may earn a small commission at no extra cost to you. How we choose books and fund the site.
Udemy links are affiliate links: we may earn a commission if you enrol, at no extra cost to you.
Finance without the jargon, and the behaviour behind good money decisions.
A manager's guide to reading financial statements, explaining the income statement, balance sheet and cash flow statement and how to interpret key ratios. Karen Berman and Joe Knight show how numbers rest on judgement, helping non-financial managers speak with confidence about finance.
Short stories about luck, risk, greed and knowing when you have enough illustrate Morgan Housel's argument that financial outcomes depend more on behaviour than on technical knowledge. It suits general readers who want to think more clearly about money.
The core texts on investing and how markets behave.
Benjamin Graham sets out a value-investing approach built on separating investing from speculation, treating the market as a moody business partner and insisting on a margin of safety. It is written for ordinary investors who want a disciplined, long-term method.
This survey of how markets price assets covers the efficient-market idea, technical and fundamental analysis and a history of speculative bubbles. Burton Malkiel argues that prices are hard to predict, so low-cost index funds are a sensible default for most investors.
Courses that explain finance without the jargon.
Courses on investing fundamentals.
Browse Investing coursesValuation in depth, from an accessible primer to the classic text.
A comprehensive guide to valuing companies, written by McKinsey consultants, centred on discounted cash flow and the idea that value comes from return on invested capital and growth. It is aimed at finance professionals, managers and students who need rigorous valuation methods.
Aswath Damodaran explains how to value a business, covering intrinsic valuation through discounted cash flow, relative valuation using multiples and the data needed for each. It is designed as a short, practical guide for investors, students and managers.
A detailed, technical treatment of how to analyse bonds and shares by studying a company's financial statements and assets to estimate underlying value rather than following the market price. Graham and Dodd's book suits serious students of investing and finance professionals.
Courses on financial modelling and valuation.
Browse Financial modelling & valuation coursesCourses on accounting and reading financial statements.
Browse Accounting coursesApply one concept to a financial question, an allocation decision or a valuation assumption.
This week: Apply one concept to a financial question, capital-allocation decision or valuation assumption.
