Financial books (stock market and Forex)
"DeFi and the Future of Finance" by Campbell R. Harvey, Ashwin Ramachandran, and Joey Santoro – a groundbreaking exploration of the transformative realm of Decentralized Finance (DeFi). In the aftermath of the 2008 Global Financial Crisis, the flaws in our financial infrastructure became glaringly evident, prompting a critical reassessment of the entire system. This book contends that the time is ripe for disruption and that we are witnessing the real-time reinvention of finance. Key Questions Addressed: Why does it take two days to settle a stock transaction? Should retailers, operating on thin margins, bear the brunt of a 3% fee for every credit card swipe? Why endure a two-day delay in transferring funds between bank accounts and brokerages? What explains minuscule or negative savings rates? Why is entrepreneurial financing so elusive from traditional banks? DeFi: A Solution to Financial Woes: Peer-to-Peer Interaction: No brick-and-mortar institutions mean reduced costs and a di