Book description
The definitive source of information on all topics related to
investment valuation tools and techniques
Valuation is at the heart of any investment decision, whether that
decision is buy, sell or hold. But the pricing of many assets has
become a more complex task in modern markets, especially after the
recent financial crisis. In order to be successful at this endeavor,
you must have a firm understanding of the proper valuation techniques.
One valuation book stands out as withstanding the test of time among
students of financial markets and investors, Aswath
Damodaran'sInvestment Valuation.
Now completely revised and updated to reflect changing market
conditions, this third edition comprehensively introduces students and
investment professionals to the range of valuation models available
and how to chose the right model for any given asset valuation
scenario. This edition includes valuation techniques for a whole host
of real options, start-up firms, unconventional assets, distressed
companies and private equity, and real estate. All examples have been
updated and new material has been added.
- An expansion of ancillaries include updated online databases,
spreadsheets, and other educational support tools
- Fully revised to incorporate valuation lessons learned from the
last five years, from the market crisis and emerging markets to
new types of equity investments
- Revised examples of company valuations such as companies from
Eastern Europe and Africa, which stress the global nature of
modern valuation
- Author Aswath Damodaran is regarded as one of the best educators
and thinkers on the topic of investment valuation
This indispensable guide is a must read for students wishing to gain
a better understanding of investment valuation and its methods. With
it, you can take the insights and advice of a recognized authority on
the valuation process and immediately put them to work for you.
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 BusinessWeek in
1994. In addition, Damodaran teaches training courses in corporate
finance and valuation at many leading investment banks. His
publications include Damodaran on Valuation: Security Analysis for
Investment and Corporate Finance; Investment Valuation;
Corporate Finance; Investment Management; and
Applied Corporate Finance, all published by Wiley, and The
Dark Side of Valuation.
