[cdbyr]

I can’t recommend How Finance Works by Mihir Desai enough.

There are a few cool things about it:

1. You get the feeling that the author has developed a deep sense of how learning works, and is using the same teaching methods in the book that have been honed over a lot of in-person classes. For example, having you puzzle out which balance sheet belongs to which company early on in the book, and it being surprisingly doable.

2. There are different levels of abstraction discussed in close proximity - the math, then the account from a cfo.

3. It’s concise. That lets it cover a pretty wide range without feeling like a textbook, and I think that helps a lot for developing an early understanding.