RNKD Review · One reader

What the Ledger Knows

by Daniel Ferrer · Business · 2020 · 256 pages

M

Reviewed by Marcus Bell

Business, memoir, big-idea nonfiction. Reads on the train.

No star rating WOULD RECOMMEND Finished · Spoiler-free

I won't put a number on it, but I've quoted it in three meetings, which is more than I can say for most of the books on this shelf.

The idea is small and useful: a company's accounts are a record of what it actually believed, as opposed to what it said. Ferrer walks through six firms and reads their books like diaries. Two of the chapters are brilliant. Two are fine. Two are the same chapter twice, which is why I'm not doing stars — I'd be averaging a five and a two and telling you nothing.

Read chapters one, three, and six. Skim the rest on the train. Then go look at your own company's numbers with a slightly different face on.

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