This is the only non-AIMR text that is required reading for all three CFA exams. I feel the Dr. Kolb's strength is laying out the basic tenents of finance for the layman. He also includes advanced formulas in the latterpart of the book if you want to get deeper.Certain other authors of financeand accounting texts seem more interested in impressing their readers withtheir acumen in the field. In this book you don't have to read a paragraph3 times to get the basic gist of what he is trying to say. It is very plainand straightforward. If only more academics would write in this manner. Mymain problem with this book is I found it so interesting I wandered off therequired reading sections for the CFA test too much.
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