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Financial Statements

Thomas Ittelson

1 reader recommends it across 1 discussion

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jonahbenton
Huge, huge topic. You will have to pick a path through the enormous jungle. The starting point I would recommend is bottom up, through accounting and financial statements. Core knowledge, of both practical and intellectual value. Tons of books here, I particularly like Thomas Ittelson - Financial Statements Accessible, straightforward, friendly. After that, any of the collections of Warren Buffett's Letters to Shareholders are both entertaining and intellectually valuable, and provide great insight. Read forward, eg, from his first letters in the 1960s, to now. One of the realizations in the journey is that there are, and have been, a lot of different kinds of money- credit money and exchange money and asset money and so forth. A relatively abstract/intellectual but immensely useful survey is The Nature of Money - Geoffrey Ingham The concept of an asset is critical to the functioning of the financial system. New kinds of assets are created all the time. One of the best written books I have read recently goes into venture capital and debt asset creation: The Code Of Capital - Katharina Pistor…