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You can find other great books like those written by Myers, Ross and so on. They all give a good overview of corporate finance issues. But something is missing in all these books: a more friendly and a less institutional approach. You can find that in the book written by Balbirer and Shapiro.
In my opinion, you can use this book in two ways. Either you are looking for a particular issue. Then you will see how this book is well organized and how the content is strong, concise and interesting. Or you can do like I did. Read this book for pleasure and enjoy how the authors reformulate the same point, the same ideas in three or four different ways in the same paragraph to make sure that you can understand. And that is the main strenght of this book. Whatever topic you pick up in ordinaries (even excellent) Finance books, you might have to read a paragraph two or three times to really get it. In this one, just enjoy how the authors try to take different perspectives to explain things...only one reading is required to understand!
I think this book is more appropriate for undergraduate students even if it is a great introductory book for MBA students or people without any financial background. It covers a lot of different topics so you can consider that as a first (strong) or a secondary Corporate Finance book. However, I don't think that it would be appropriate for very advanced Finance major students. The latter could however consider it as their new reference books where they can come to pick up some information they might have forgotten in previous classes.
My advice...just by it or you will miss something.
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Shapiro is very well respected as an economist and this book is a good example why. I was fortunate enough to have him as a professor in an MBA program and can say he has an amazing command of the issues as well as the ability to communicate his knowledge very effectively. The writing in this book is clear and concise with a ton of info packed into each chapter. Buy it, you won't find a better text on this subject.
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If you enjoy "Fifty Fables"--and you will--do investigate "Fifty More Fables," "Once Again, La Fontaine," and "La Fontaine's Bawdy"--each volume is full of perfect gems.
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2. Because of the dirt. So much hydroponic poetry out there nowadays--poems subsisting proudly on nothing but water and air. Smith's poems have their roots where they should.
3. Because of the work, the politics, the pleasure, the real places & dreamed release, and all the other people outside and inside the "I."
Here's a piece of a poem with a title taken from Roethke, "I'll Make a Broken Music, or I'll Die": "If the four boiled men on my block / had speech beyond the wet kiss / from the imperfect embouchure / of their lips on the bottles of the shamrock- / emblazoned Tokay, and if this / emptied oil drum fueled by jilted furniture / could be their mouth, then they could sing / of the passing into darkness / with the perfect pitch and modulation / of silence and how it feels being / what's collected in the winds / and not the song. / / Of the almost-songs we are, this / voiceless one is the loudest."
4. Because these are the fierce and beautiful "almost-songs" of the other lover, the one who loves (hurt or be hurt) whatever might be left out of the voice, riding over it, sliding under it, "a shadow boxer, a small / class struggle, a mad and fearful girl, a plural."
5. Because these poems are hungry and so are you.
6. Because Emily Dickinson and Walt Whitman never slept here, and you won't sleep either.
7. Because, come on, you're curious about what makes a book a finalist for BOTH the National Book Award and the Pulitzer Prize.
8. Because of the music.
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Take the poem "Ghost," in which a dead woman speaks to her widower: even the past is haunted by its own past. Or the poems of or to the speaker's dead or dying relatives & loved ones: the touches that have ended in withdrawn hands but remain in lingering feeling.
Shapiro's knowledge of poetry is astounding, & he uses that knowledge (which is, by the way, so much more than mere knowledge) to build subtle, strong, and elegant poetry. He has been doing it for years; his earlier work--excellent as it is--is mere exercize for the power of The Dead Alive and Busy.