Academic use
Undergraduate and graduate students, instructors and readers looking for a solid conceptual foundation.
Free textbook
Perpetual Motion in Finance
Corporate finance and financial markets with technical rigor, clear language and practical applications for students, instructors and professionals.
The book
A finance course in book form
This book presents corporate finance and financial markets through a practical approach grounded in the main theories and established models of the field.
Unlike traditional manuals, its structure was built from the author's classroom experience, bringing together concepts, examples, discussions and applications developed over years of teaching at leading institutions. The reading experience aims to reproduce the dynamics of a finance course, bringing conceptual rigor closer to the reality of companies and markets.
Who it is for
Built for study and professional application
The material serves readers who want to understand and apply the main concepts of corporate finance and financial markets.
Financial markets
Analysts, investors and professionals who need to connect financial models to real decisions.
Management and consulting
Executives, managers and consultants interested in practical tools for analysis and decision-making.
What makes it different
Theory, numbers and decision-making
- Theoretical foundations combined with practical application.
- Numerical examples, case studies and simulations.
- Discussions connected to Brazilian and international contexts.
- Multiple approaches to the same topic, encouraging critical judgment.
- Clear, objective language for teaching and professional use.
Companion spreadsheet
Financial models to study, test and adapt
The book is accompanied by a spreadsheet that reproduces the main models presented throughout the chapters.
It allows readers to understand calculations step by step, test different assumptions, run simulations and adapt models to their own needs. More than a teaching resource, the spreadsheet is a working tool for students and professionals who use finance in their activities.
Support the project
Donations of any amount help keep the book free. Donations of US$ 10 or more, or R$ 50, unlock the companion spreadsheet.
Download the PDF for free
The English version is available without registration.
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