{"title":"Josh Lerner","description":"\u003cp\u003eJosh Lerner is a distinguished author and scholar renowned for his insightful contributions to the fields of finance and investment. With a particular focus on venture capital, private equity, and entrepreneurship, his works are invaluable resources for both finance professionals and enthusiasts alike.\u003c\/p\u003e\n\n\u003cp\u003eIn the aptly titled \u003cem\u003ePatient Capital\u003c\/em\u003e, Lerner explores the nuances of long-term investments and their significant impacts on fostering innovation and sustainable development. This book is essential for understanding how patient financial strategies can drive industry change and growth.\u003c\/p\u003e\n\n\u003cp\u003eLerner’s portfolio also includes \u003cem\u003eVenture Capital\u003c\/em\u003e and \u003cem\u003ePrivate Equity\u003c\/em\u003e, two pivotal works that delve into the intricacies of these crucial finance mechanisms. These books offer readers a deep dive into the mechanisms of funding entrepreneurial ventures and the dynamics of the equity market.\u003c\/p\u003e\n\n\u003cp\u003eJosh Lerner's books are a must-read for anyone keen on understanding the complex world of investment and its role in driving economic progress. Whether you're a seasoned investor or new to the field, Lerner's works provide clarity and depth, making complex concepts accessible and engaging.\u003c\/p\u003e","products":[{"product_id":"patient-capital-by-josh-lerner-9780691186733","title":"Patient Capital","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eHow to overcome barriers to the long-term investments that are essential for solving the world's biggest problems.\u003c\/p\u003e\n\n\u003cp\u003eThere has never been a greater need for long-term investments to tackle the world's most difficult problems, such as climate change and decaying infrastructure. It is increasingly unlikely that the public sector will be willing or able to fill this gap. If these critical needs are to be met, major pools of long-term, patient capital—including pensions, sovereign wealth funds, university endowments, and wealthy individuals and families—will have to play a large role.\u003c\/p\u003e\n\n\u003cp\u003eIn this accessible and authoritative account of long-term capital investment, two leading experts on the subject, Harvard Business School professors Victoria Ivashina and Josh Lerner, highlight the significant hurdles facing long-term investors and propose concrete ways to overcome these difficulties.\u003c\/p\u003e\n\n\u003cp\u003ePresenting the best evidence in an engaging way by using memorable stories and examples, \u003cem\u003ePatient Capital\u003c\/em\u003e describes how large investors increasingly want and need long-run investments that have the potential to deliver greater returns than those in the public markets. Yet, success in such investments has been the exception. Performance has suffered from both the limitations of investors and the internal structure of their fund managers, often resulting in the wrong incentives and a lack of long-term planning.\u003c\/p\u003e\n\n\u003cp\u003eYet the challenges facing long-term investors can be surmounted, and the rewards are potentially large, both for investors and society as a whole. \u003cem\u003ePatient Capital\u003c\/em\u003e shows how to make long-term investment work better for everyone.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"NewSouth Books","offers":[{"title":"Default Title","offer_id":46481702289644,"sku":"9780691186733","price":104.0,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/1854473482434.jpg?v=1748212595"},{"product_id":"patient-capital-by-josh-lerner-9780691217086","title":"Patient Capital","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eThere has never been a greater need for long-term investments to tackle the world's most difficult problems, such as climate change, human health, and decaying infrastructure. It is increasingly unlikely that the public sector will be willing or able to fill this gap. If these critical needs are to be met, the major pools of long-term, patient capital—including pensions, sovereign wealth funds, university endowments, and wealthy individuals and families—will have to play a large role.\u003c\/p\u003e\n\n\u003cp\u003eIn this accessible and authoritative account of long-term capital investment, two leading experts on the subject, Victoria Ivashina and Josh Lerner, highlight the significant hurdles facing long-term investors and propose concrete ways to overcome these difficulties.\u003c\/p\u003e\n\n\u003cp\u003e\u003cem\u003eFew scholarly, well-researched books have been written on long-term private investing. Victoria Ivashina and Josh Lerner have undertaken a real public service in writing what will undoubtedly become the definitive book on the subject. My only regret in reading this book is that I did not write it.\u003c\/em\u003e - David Rubenstein, Co-Founder and Co-Executive Chairman, The Carlyle Group\u003c\/p\u003e\n\n\u003cp\u003e\u003cem\u003eThe trees that are slowest to grow bear the best fruit,\u003c\/em\u003e Moliere says. \u003cem\u003eAnd that is why this lucid and refreshing account of how to overcome the barriers to long-term investment deserves the attention of pension funds, insurers, sovereign wealth funds, and endowments. After all, the potential fruits are not just quality returns, but significant benefits to society.\u003c\/em\u003e - Dominique Senequier, President, Ardian\u003c\/p\u003e\n\u003c\/div\u003e","brand":"NewSouth Books","offers":[{"title":"Default Title","offer_id":46714843365612,"sku":"9780691217086","price":73.0,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/2158003482434.jpg?v=1754372433"},{"product_id":"venture-capital-private-equity-and-the-financing-of-entrepreneurship-by-josh-lerner-9780470591437","title":"Venture Capital, Private Equity, and the Financing of Entrepreneurship","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cem\u003eVenture Capital, Private Equity, and the Financing of Entrepreneurship\u003c\/em\u003e stems from a realization that private equity overall—defined in this volume as venture capital and buyouts but excluding hedge funds—has become a vastly more sizable and influential part of the global economic landscape over the past two decades.\u003c\/p\u003e\n\n\u003cp\u003eThe text explores the world of active investing and showcases ways of doing business in a clear and concise manner. With more than 60 years of combined experience as practitioners in and\/or academic investigators of private equity, \u003cstrong\u003eLerner, Leamon, and Hardymon\u003c\/strong\u003e explain how the fascinating world of private equity works, from start to finish, how it creates value, and where it may destroy value.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47000837030124,"sku":"9780470591437","price":252.99,"currency_code":"NZD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/14678923482355.jpg?v=1763308988"}],"url":"https:\/\/bookhero.live\/collections\/josh-lerner.oembed","provider":"Book Hero","version":"1.0","type":"link"}