11/19/17

As a complete newbie to all finance, would I be able to understand Rosenbaum and pearl Investment banking textbook or do I need prior knowledege? If so, how should I get this knowledge?

Comments (6)

11/19/17

Read an accounting textbook first. I personally really liked "How to Read a Financial Report" by Tracy & Tracy, but there are lots of good ones out there. Having a good understanding of accounting will 1) make R&P way easier to understand and 2) allow you to apply the concepts from R&P to other models and other companies.

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11/19/17

thanks, would you also recommend that i read a corporate finance textbook too or is that unecesaey after i learn accounting?

11/19/17

corporate finance - Jonathan B. Berk, Peter M. DeMarzo
-my personal favorite

11/19/17

would this be a good choice to self study for a beginner after learning accounting?

11/19/17

Berk is my favorite as well. It's a bit newer than the "finance bibles" out there but I love that they emphasize recurring themes in finance (law of one price, etc.) to give you a good holistic view.

Definitely recommend, and perfect for self-study as the material isn't too difficult.

11/19/17

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