About the Book :
Valuation is at the heart of any investment decision, whether that decision is to buy, sell, or hold. In The book, expert Aswath Damodaran explains the techniques in language that any investors can understand, so you can make better investment decisions when reviewing stock research reports and engaging in independent efforts to value and pick stocks. Page by page, Damodaran distills the fundamentals of valuation, without glossing over or ignoring key concepts, and develops models that you can easily understand and use. Along the way, he covers various valuation approaches from intrinsic or discounted cash flow valuation and multiples or relative valuation to some elements of real option valuation.
Interesting Facts :
DAMODARAN IS MR. VALUATION. He is widely regarded as a definitive source on the best valuation techniques investors can use. CASE STUDIES AND EXAMPLES These examples will help investors build their own intuition and understanding of how to value stocks and companiesACCOMPANYING IPHONE APPLICATION (IVAL) that would take the lessons of the book and make them immediately useable. Thus, the user of the application will be able to enter numbers relating to a company (or link up to a data service that will pull up the numbers) and get a quick estimate of its intrinsic and relative values.
Introduction.Hit the Ground Running --Valuation Basics.Chapter One Value -- More Than a Number!Chapter Two Power Tools of the Trade.Chapter Three Yes, Virginia, Every Asset has an Intrinsic Value.Chapter Four It's all Relative!From Cradle to Grave --Life Cycle and Valuation.Chapter Five Promise Aplenty.Chapter Six Growing Pains.Chapter Seven Valuation Viagra.Chapter Eight Doomsday.Breaking the Mold --Special Situations in Valuation.Chapter Nine Bank on It.Chapter Ten Roller-Coaster Investing.Chapter Eleven Invisible Value.Conclusion Rules for the Road.
About the Author :
Aswath Damodaran is Professor of Finance at New York University's Leonard N. Stern School of Business. He has been the recipient of numerous awards for outstanding teaching, including the NYU university-wide Distinguished Teaching Award, and was named one of the nation's top business school teachers by Business Week in 1994. In addition, Damodaran teaches training courses in corporate finance and valuation at many leading investment banks. His publications include Damodaran on Valuation; Investment Valuation; Corporate Finance; Investment Management; and Applied Corporate Finance, all published by Wiley, and The Dark Side of Valuation.