Aswath Damodaran - The Dark Side of Valuation Valuing Old Tech New Tech and New Economy Companies
Renowned valuation expert Aswath Damodaran reviews the core tools of valuation, examines today’s most difficult estimation questions and issues, and then systematically addresses the valuation challenges that arise throughout a firm’s lifecycle in The Dark Side of Valuation: Valuing Young, Distressed and Complex Businesses.
In this thoroughly revised edition, he broadens his perspective to consider all companies that resist easy valuation, highlighting specific types of hard-to-value firms, including commodity firms, cyclical companies, financial services firms, organizations dependent on intangible assets, and global firms operating diverse businesses. He covers the entire corporate lifecycle, from “idea” and “nascent growth” companies to those in decline and distress, and offers specific guidance for valuing technology, human capital, commodity, and cyclical firms. Damodaran places special emphasis on the financial sector, illuminating the implications of today’s radically changed credit markets for valuation, and addresses valuation questions that have suddenly gained urgency, ranging from “Are U.S. treasuries risk-free?” to “How do you value assets in highly illiquid markets?” Readers will gain insight into:
- Overcoming the temptation to use unrealistic or simplistic valuation methods
- Risk-free rates, risk premiums, and other macroeconomic assumptions
- Intelligent analysis for angel and early venture capital investing
- Projecting the impact of regulatory changes
- The stages of the corporate lifecycle
- Valuing financial services and commodities companies
Damodaran’s insights will be indispensable to everyone involved in valuation: financial professionals, investors, M&A specialists, and entrepreneurs alike.
Editorial Reviews
The Definitive Guide to Valuing Hard-to-Value Companies: Now Fully Revised for Today's Financial Markets Financial professionals have long faced the challenge of accurately valuing companies that are difficult to value using conventional methodologies. Years ago, this challenge was most keenly felt in the “dot-com industries, and many professionals fell victim to the “dark side, creating values that were simply unsustainable. Now, amidst today's global financial crisis, the same challenge applies to a far wider spectrum of enterprises and assets, ranging from Asian equities to mortgage-backed securities and financial services firms. Aswath Damodaran has thoroughly revised this book, broadening its perspective to consider all companies that resist easy valuation. He covers the entire corporate lifecycle, from “idea and “nascent growth companies to those in decline and distress, and offers specific guidance for valuing technology, human capital, commodity, and cyclical firms. Damodaran places special emphasis on the financial sector, illuminating the implications of today's radically changed credit markets for valuation. Along the way, he addresses valuation questions that have suddenly gained urgency, ranging from “Are U.S. treasuries risk-free? to “How do you value assets in highly illiquid markets? What's that company or asset really worth? The question is more urgent than ever: We've all discovered the havoc that can be caused by misvaluing assets and companies. But some assets are extremely difficult to price with traditional methods. To accurately value them, start with the techniques and best practices in this book. Renowned valuation expert Aswath Damodaran reviews the core tools of valuation, examines today's most difficult estimation questions and issues, and then systematically addresses the valuation challenges that arise throughout a firm's lifecycle. Next, he turns to specific types of hard-to-value firms, including commodity firms, cyclical companies, financial services firms, organizations dependent on intangible assets, and global firms operating diverse businesses. Damodaran's insights will be indispensable to everyone involved in valuation: financial professionals, investors, M&A specialists, and entrepreneurs alike. Get The Dark Side Of Valuation Valuing Old Tech, New Tech, And New Economy Companies or the other courses from the same one of these categories: Economy Companies, Aswath Damodaran, Dark Side, New Tech, Trading, Valuing, eBook, Tech for free on Course Sharing Network.Share Course The Dark Side Of Valuation Valuing Old Tech, New Tech, And New Economy Companies, Free Download The Dark Side Of Valuation Valuing Old Tech, New Tech, And New Economy Companies, The Dark Side Of Valuation Valuing Old Tech, New Tech, And New Economy Companies Torrent, The Dark Side Of Valuation Valuing Old Tech, New Tech, And New Economy Companies Download Free, The Dark Side Of Valuation Valuing Old Tech, New Tech, And New Economy Companies Discount, The Dark Side Of Valuation Valuing Old Tech, New Tech, And New Economy Companies Review, Aswath Damodaran – The Dark Side Of Valuation Valuing Old Tech, New Tech, And New Economy Companies, The Dark Side Of Valuation Valuing Old Tech, New Tech, And New Economy Companies, Aswath Damodaran.
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