Investment Valuation

Investment Valuation

Tools and Techniques for Determining the Value of Any Asset

Valuation is at the heart of every investment decision, whether that decision is to buy, sell, or hold. But the pricing of any financial asset has become a more complex task in modern financial markets. Now completely revised and fully updated to reflect changing market conditions, Investme...

Investment Valuation

Tools and Techniques for Determining the Value of Any Asset

Valuation is at the heart of every investment decision, whether that decision is to buy, sell, or hold. But the pricing of any financial asset has become a more complex task in modern financial markets. Now completely revised and fully updated to reflect changing market conditions, Investment Valuation, Second Edition, provides expert instruction on how to value virtually any type of asset-stocks, bonds, options, futures, real assets, and much more.

Noted valuation authority and acclaimed NYU finance professor Aswath Damodaran uses real-world examples and the most current valuation tools, as he guides you through the theory and application of valuation models and highlights their strengths and weaknesses.

Expanded coverage addresses:

* Valuation of unconventional assets, financial service firms, start-ups, private companies, dot-coms, and many other traditionally valued assets

* Risk in foreign countries and how best to deal with it

* Using real option theory and option pricing models in valuing business and equity

* The models used to value different types of assets and the elements of these models

* How to choose the right model for any given asset valuation scenario

* Online real-time valuations that are continually updated at www.damodaran.com

A perfect guide for those who need to know more about the tricky business of valuation, Investment Valuation, Second Edition, will be a valuable asset for anyone learning about this critical part of the investment process.

阿斯沃斯·达摩达兰（Aswath Damodaran）是美国纽约大学（NYU）莱奥纳德·N·斯德恩商学院金融学教授。他曾获得包括NYU校级卓越教学奖在内的多项教学杰出奖；1994年被美国《商业周刊》（Business Week）杂志评为全美第一流商学院教师之一。此外，他在多家主要投资银行讲授关于公司金融和估价的培训课程。他的论著包括《达摩达兰论投资：关于投资和公司金融的证券分析》、《投资估价》、《公司金融》、《投资管理》、《实用公司金融》以及《估价的阴暗面》。