(Part 2) Best products from r/FinancialCareers

We found 20 comments on r/FinancialCareers discussing the most recommended products. We ran sentiment analysis on each of these comments to determine how redditors feel about different products. We found 64 products and ranked them based on the amount of positive reactions they received. Here are the products ranked 21-40. You can also go back to the previous section.

Top comments mentioning products on r/FinancialCareers:

u/edw78o · 2 pointsr/FinancialCareers

Fundamentals of Corporate Finance(https://www.amazon.com/Fundamentals-Corporate-Finance-Mcgraw-hill-Insurance/dp/1259722619). This is the book I used for my first Finance class. It covers the very fundamentals of finance, from time value of money to stock valuation and goes firther. If you want, I'll sent you my syllabus from my business school too. Lol. Best of luck!

u/yuppykaiA · 1 pointr/FinancialCareers

www.investopedia.com for looking up financial terms.

www.bloomberg.com for financial news.

Warren Buffet talk on youtube

Berkshire Hathaway shareholder letters

Books-

The warren buffet way will help you analyse companies.

The intelligent investor the book on value investing.

Common stocks and uncommon profits the book on picking growth stocks.

The black swan useful insight into options trading.

Anything and everything by Michael Lewis, he writes so well, his books will give you insight into how the finance industry actually works and they're entertaining; Liars Poker chronicles how the Mortgage Backed Security was created and is a good start.

When you're done with all that, let me know and I'll send more your way! Studying for the CFA helps too as recommended by the other guy posting here but you by no means need a finance/business major.


u/PeterLynchASM · 1 pointr/FinancialCareers

I developed ASimpleModel for those new to financial modeling. The site introduces the three primary financial statements in the context of Excel / modeling. From there it will walk you through an integrated model, DCF and LBO. All material is video driven with notes and templates available for download. With that introduction there are quite a few more advanced options available:

Free Resources:

http://ASimpleModel.com

www.Macabacus.com

NYU Stern Prof. Aswath Damodaran - check his website. It is an incredible resource.

Specific to investment banking, but a great resource:

http://www.amazon.com/Investment-Banking-Valuation-Leveraged-Acquisitions/dp/0470442204

u/Leveraged_Breakdowns · 7 pointsr/FinancialCareers

First, actually find a therapist.

​

Second, since you probably won't actually find a therapist (even though you should), below are a few strategies that got me through my roughest patches in investment banking and private equity:

  • Life will challenge you at every corner, a new career will also be stressful in its own right
  • Maximizing every decision leads to undue stress, learn to satisfice (Barry Schwartz TED Talk on the Paradox of Choice)
  • Learn to control your mindset to identify and note negative thought patterns (Headspace teaches Mindfulness -- try it for forty lessons and be amazed at your improved perspective)
  • Treat yourself to purposeful rest every day. You probably don't have rest time every day. But when you have a bit of a weekend or a couple hours before bed, set aside a strict portion of that time for purposeful relaxation. Don't half-work -- watch TV, play video games, do something stupid and unproductive that makes you happy and relaxed.
  • Stay fit, even if it's a couple core exercises, some foam rolling, and some stretching
  • These books helped me: Zen and the Art of Motorcycle Maintenance, Zorba the Greek, Seneca: Letters from a Stoic, Truth in Comedy
u/Shou_Ji · 1 pointr/FinancialCareers

You're wrong. Optimization in a FE sense is mathematical optimization, not process optimization.

You're effectively preparing for a quant role by taking the degree. Most of what you learn will be of no practical relevance to your intended direction unless you feel that virtue-signalling your intelligence is worthwhile.

Their course book on optimization: https://www.amazon.com/Optimization-Methods-Finance-Mathematics-Risk/dp/0521861705/

You absolutely should not take the course with your target industries in mind.

u/curtains · 6 pointsr/FinancialCareers

I would keep it. Studying biology teaches you to approach problem solving from a rational, scientific perspective. That method of approaching markets will be useful. Plus, if you believe Andrew Lo, markets are adaptive much like biology. He just wrote a compelling book called Adaptive Markets. Perhaps you should read it to help you decide. https://www.amazon.com/Adaptive-Markets-Financial-Evolution-Thought/dp/0691135142

u/nwh1 · 4 pointsr/FinancialCareers

Seconded on Michael Lewis books. However, my favorite finance book is Red Notice. Its about Bill Browder opening a Hedge Fund after the fall of the Soviet Union. Reads like a Jack Ryan novel.

u/TIIVILEE · 2 pointsr/FinancialCareers

Read this:

http://www.amazon.com/The-Practical-Guide-Wall-Street/dp/0470383720

The book covers the basics of what you would want to know going into banking and will help you learn products and jargon. A managing director at MS suggested to me a few years back and it was very helpful.

u/mrs-superman · 10 pointsr/FinancialCareers

Michael Lewis has some great titles, with Liar's Poker being my favourite finance-related book of all time. Malcolm Gladwell is another good author, but that's more behavioural economics then high finance. Some stand alone titles:

- Intelligent Investor, Ben Graham

- Free, Chris Anderson

- Persuasion, Arlene Dickinson (Dragon's Den)

- Decisions, Jim Treliving (Dragon's Den)

u/NeverResting · 2 pointsr/FinancialCareers

This book is good for structured credit area: click here

u/hanman11 · 1 pointr/FinancialCareers

I have this book and actually worked with these guys (Rosenbaum and Pearl). It's more banking-specific, but the valuation information is more universal. They even walk you through the modeling/comps/valuation formulas step-by-step. Fairness opinions will require knowledge of a lot of the information covered in the textbook.