Guide to making accurate business valuations based on investing metrics that matter In The Little Book of Valuation: How to Value a Company, Pick a Stock, and Profit, professor and economist Aswath Damodaran guides readers through the fundamentals and step-by-step process of picking winning companies to invest in. In the book, you'll learn how to make your own accurate valuation assessments, avoiding common pitfalls and mistakes along the way. From widespread misunderstandings to undeniable truths in valuation, the author covers exactly where to turn your attention to when assessing a company's value based on a myriad of factors, with stories and real examples included throughout to prepare you for any modern investing challenge you may find yourself facing. You'll also learn: Simple but extremely effective valuation tools and formulas for successThe complex relationship between assets, debt, equity, and business valueSpecial market considerations regarding valuation that require a dynamic approach Rather than relying on third-party sources—often drawing from the same public information that you have access to, but getting it wrong—The Little Book of Valuation, Updated Edition gives readers all the insight and practical tools they need to cut through the noise and arrive at their own accurate valuations, pick profitable stocks, and establish successful long-term portfolios.
Les mer
Foreword ix Hit the Ground Running—Valuation Basics Chapter One Value—More than a Number! 3 Chapter Two Power Tools of the Trade 15 Chapter Three Yes, Virginia, Every Asset Has an Intrinsic Value 43 Chapter Four It’s All Relative! 77 Chapter Five Stories and Numbers 105 From Cradle to Grave—Life Cycle and Valuation Chapter Six Promise Aplenty 139 Chapter Seven Growing Pains 167 Chapter Eight Valuation Viagra 197 Chapter Nine Doomsday 219 Breaking the Mold—Special Situations in Valuation Chapter Ten Bank on It 241 Chapter Eleven Roller Coaster Investing 267 Conclusion Rules for the Road 289
Les mer
PRAISE FOR THE LITTLE BOOK OF VALUATION “There is nothing ‘little’ about Damodaran’s The Little Book of Valuation. The whole gamut of ideas that form the basis for all business valuations—covered in his many multi-hundred page classics—are all here, with the same rigor, clarity, pointedness, and wit.” —PROFESSOR ANANT K. SUNDARAM, Tuck School of Business, Dartmouth College “The Little Book of Valuation is a great book that I will recommend to my students and friends. This book is an impressive synthesis of sound theory and best practice. It is completely accessible to the novice. It is also an important addition to the professional library of the finance specialist. Acquire it without hesitation.” —PABLO FERNÁNDEZ, Professor of Finance, IESE Business School, Spain “Damodaran’s fast read book offers valuable insights for both institutional and sophisticated individual investors. Within the confines of ‘intrinsic’ (income approach) and ‘relative’ (market approach) analysis, he identifies the ‘value drivers’ in several broad categories of stocks and the most important factors to look for, and how to treat them in valuation for each category.” —SHANNON PRATT, Chairman and CEO, Shannon Pratt Valuations
Les mer

Produktdetaljer

ISBN
9781394244409
Publisert
2024-03-26
Utgave
2. utgave
Utgiver
Vendor
John Wiley & Sons Inc
Vekt
318 gr
Høyde
180 mm
Bredde
132 mm
Dybde
25 mm
Aldersnivå
G, 01
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
304

Forfatter

Om bidragsyterne

Aswath Damodaran, is a professor of finance and David Margolis teaching fellow at the Stern School of Business at New York University. He teaches the corporate finance and equity valuation courses at NYU, and he offers online versions on his website. He has written books on valuation, corporate finance and investments, directed primarily at practitioners.