{"product_id":"the-timeless-essence-of-financial-science-the-critical-lifeline-for-every-investor-money-manager-and-corporate-finance-officer-to-keep-off-financial-9781494799519","title":"The Timeless Essence of Financial Science: The critical lifeline for every investor, money manager and corporate finance officer to keep off financial","description":"\u003cp\u003e • Author(s): Rajesh D. Mudholkar\u003cbr\u003e • Publisher: Createspace Independent Publishing Platform\u003cbr\u003e • Publisher Imprint: Createspace Independent Publishing Platform\u003cbr\u003e • BISAC: Corporate Finance - General\u003c\/p\u003e\u003cp\u003e\u003cb\u003eHIGHLIGHTS \u003cli\u003eThe chronic riddle in the Nobel Prize winning CAPM, solved\u003c\/li\u003e \u003cli\u003eLiquidity threat in WACC \u0026amp; NPV, explained\u003c\/li\u003e \u003cli\u003eEVA's weakness explained; new 'Value Creation Index' introduced\u003c\/li\u003e \u003cli\u003eOver 100 figures \u0026amp; tables; over 30 authoritative references\u003c\/li\u003e \u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eThe next global financial crisis could be only a tick away. Despite more than five decades of worldwide research, the following comments made by the Nobel Prize committee in its scientific background note to the 2013 Prize in Economic Sciences, only confirms that the world continues to sit on a financial time-bomb, and warns of the inevitable imminent disaster.\u003c\/p\u003e\u003cp\u003e\"...we do not yet have complete and generally accepted explanations for how financial markets function...\"\u003c\/p\u003e\u003cp\u003e\"...we do not yet fully understand how asset prices are determined...\"\u003c\/p\u003e\u003cp\u003e\"...currently no widely accepted 'consensus (asset pricing) model' exists...\"\u003c\/p\u003e\u003cp\u003e\"Mispricing of assets may contribute to financial crises and, as the recent recession illustrates, such crises can damage the overall economy\"\u003c\/p\u003e\u003cp\u003eTo put it briefly, this book - based on a ground breaking research - bares and fixes serious, deeply hidden flaws in financial science and shows how the world's most dreaded, chronic and painful illness can be permanently cured.\u003c\/p\u003e\u003cp\u003eIf you have money at stake - whether your own or otherwise - in the ocean of financial assets, take this book as your only lifeline.\u003c\/p\u003e\u003cp\u003eDo send in your responses and questions to: mudholkar.rajesh@gmail.com\u003c\/p\u003e\u003cp\u003e\u003cb\u003eTable of contents\u003c\/b\u003e\u003c\/p\u003e \u003col\u003e \u003cli\u003eIntroduction\u003c\/li\u003e \u003cli\u003eOne Decade, Three Crises\u003c\/li\u003e \u003cli\u003eThe Hypotheses\u003c\/li\u003e \u003cli\u003eAnatomy of a Crisis\u003c\/li\u003e \u003cli\u003eA Fatal Communication Error\u003c\/li\u003e \u003cli\u003eThe Role of 'Beta' in Corporate Finance\u003c\/li\u003e \u003cli\u003eBreaking The CAPM Mystery\u003c\/li\u003e \u003cli\u003eFrom Portfolio Theory to CAPM: A Heuristic Slip?\u003c\/li\u003e \u003cli\u003eModels Deceive, Cash Flows Don't\u003c\/li\u003e \u003cli\u003eWACC violates the WYDIWYP Principle\u003c\/li\u003e \u003cli\u003eIf Archimedes Was an Economist\u003c\/li\u003e \u003cli\u003eValue Centric Capital Budgeting\u003c\/li\u003e \u003cli\u003eA Word on Pay Back Methods\u003c\/li\u003e \u003cli\u003eMeasuring Value\u003c\/li\u003e \u003cli\u003eFinancial Decision Making Standards\u003c\/li\u003e \u003c\/ol\u003e","brand":"Createspace Independent Publishing Platform","offers":[{"title":"Paperback","offer_id":45501605150871,"sku":"9781494799519","price":2296.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781494799519.webp?v=1767452157","url":"https:\/\/atlanticbooks.com\/products\/the-timeless-essence-of-financial-science-the-critical-lifeline-for-every-investor-money-manager-and-corporate-finance-officer-to-keep-off-financial-9781494799519","provider":"Atlantic Books","version":"1.0","type":"link"}