Valuation Techniques: Discounted Cash Flow, Earnings Quality, Measures of Value Added, and Real Options (CFA Institute Investment Perspectives)
Author | : | |
Rating | : | 4.33 (927 Votes) |
Asin | : | B009QDHAH8 |
Format Type | : | |
Number of Pages | : | 484 Pages |
Publish Date | : | 2017-07-12 |
Language | : | English |
DESCRIPTION:
Analysis and insights from top thought leaders on a pivotal topic in investing and asset managementValuation is the cornerstone for investment analysis, and a thorough understanding and correct application of valuation methodologies are critical for long-term investing success. Edited by two leading valuation experts from CFA Institute, this book brings together the insights and expertise of some of the most astute and successful investment minds of the past 50 years. From Benjamin Graham, the “father of value investing,” to Aswath Damodaran, you’ll learn what these investment luminaries have to say about investment valuation techniques, including earnings and cash flow analysis. Features the best thinking on valuation from the industry’s masters on the topic, supplemented with dozens of fascinating and instructive real-world examplesComprehensively discusses special valuation situations, such as real options, employee stock options, highly leveraged firms, corporate takeover
Mr. VOSS, CFA, is a content director at CFA Institute, where he focuses on fixed income, behavioral finance, and corporate finance. LARRABEE, CFA, is director of member and corporate products at CFA Institute, where he also serves as a content director in the areas of portfolio management and equity investments. Previously, he was a portfolio manager at Davis Selected Advisers, L.P., where he
As you read the chapters in this book, you will gain an appreciation for the evolution of valuation thought, and in the process, you will acquire a framework for understanding future innovations in the field.Features the best thinking on valuation from the industry's masters on the topic, supplemented with dozens of fascinating and instructive real-world examplesProvides a breadth of perspectives on valuation theory and applications to ensure that it becomes a tool that matches every fundamental investor's way of looking at the worldComprehensively discusses special valuation situations, such a