An accessible, and intuitive, guide to stock valuation valuation is at the heart of any investment decision, whether that decision is to buy, sell, or hold. Sep 22, 2014 note that i have converted all these numbers into yields, by dividing them by the aggregate market capitalization at the end of each year. The value of stories in business, is featured in a winter book roundup december 12, 2016 excerpt from bloomberg it comes from new york university stern school professor and all around valuation guru. These risk premiums are estimated based upon a simple 2stage augmented dividend discount model and reflect the risk. A survey of the theory and evidence aswath damodaran stern school of business, new york university, 44 w. Damodaran s success in combining storytelling with traditional financial analysis and valuation is unprecedented. One valuation book stands out as withstanding the test of time among students of financial markets and investors, aswath damodaran s investment valuation. Aswath damodaran audio books, best sellers, author bio.
The implied equity risk premium which i computed to be 6. In our past trainings with him all our participants were enthusiastic with the motivating and dynamic method of delivery as well as the personal interaction. One valuation book stands out as withstanding the test of time among students of financial markets and investors, aswath damodarans investment valuation. Tools and techniques for determining the value of any asset 9781118011522 by damodaran, aswath and a great selection of similar new, used and collectible books available now at great prices. Each of these books has a dedicated web page, where you can find. The little book of valuation by aswath damodaran youtube. Every asset has an intrinsic value that can be estimated, based upon its characteristics in terms of cash. Books by aswath damodaran author of the little book of valuation. Living with uncertain wars published in association with the john w.
Aswath damodaran books list of books by author aswath. I teach corporate finance, valuation and investment philosophies at the stern school of business at new york university. Note that i have converted all these numbers into yields, by dividing them by the aggregate market capitalization at the end of each year. Based on pathbreaking new research, find out how anyone can beat the market, the index funds. Every asset has an intrinsic value that can be estimated. Historical returns on stocks, bonds and bills for the united states from 1928 to the most recent year. The book has the potential to be a cornerstone of both traditional valuation and business pitching as it shows how individuals from each world can benefit from coopting tools from the other. Feb 29, 2020 top 5 takeaways from aswath damodarans the little book of valuation. Nov 03, 2014 damodaran confesses in the books preface that even though valuation models can be elaborate, not all variables are equally important. He has been the recipient of numerous awards for outstanding teaching, including new york universitys distinguished teaching award. Aswath damodaran has 34 books on goodreads with 12621 ratings. Valuing young, distressed, and complex businesses pear03. Taught by professor aswath damodaran, one of the leaders in the field, advanced valuation is for analysts, financial officers, and portfolio managers seeking a deeper understanding of valuation, and the skills and knowledge to confidently make financial decisions. He is best known as author of several widely used academic and.
Each of these books has a dedicated web page, where you can find material relevant to the book, including excel spreadsheets, datasets and pdf versions of presentations. His research interest lie in valuation and applied corporate finance. His newest book on portfolio management is titled investment fables and was published in 2004. Corporate finance theory and practice 2nd ed by aswath. Damodaran valuation set 9780470168394 by damodaran, aswath. It is a short read that can be covered in a few hours. Jan 02, 2012 aswath damodaran is professor of finance at new york universitys leonard n.
How to value a company, pick a stock and profit little books. Aswath damodaran is professor of finance at new york universitys leonard n. Aswath damodaran is the kerschner family chair professor of finance at the stern school of business at new york university. Page by page, damodaran distills the fundamentals of valuation, without. He has also been named one of the nations top business school teachers by businessweek. Tools and techniques for determining the value of any asset, and damodaran on valuation. As a result, when defined broadly, every business decision fits under the rubric of corporate finance. Security analysis for investment and corporate finance, edition 2. Aswath damodaran is a professor of finance at the stern school of business at new york university, and teaches the corporate finance and equity valuation courses in the mba program. With the help of numerous realworld examples involving both u.
Feb 08, 2001 aswath damodaran is a professor of finance at the stern school of business at new york university, and teaches the corporate finance and equity valuation courses in the mba program. Over decades he has created and helped shaped the field of valuation. Online shopping from a great selection at books store. Dec 12, 2016 professor aswath damodarans forthcoming book, narratives and numbers. Aswath damodaran born 23 september 1957, sometimes known as the dean of valuation, is a professor of finance at the stern school of business at new york university kerschner family chair in finance education, where he teaches corporate finance and equity valuation. It is shorter and the author has mostly kept complicated mathematics out, while lucidly explaining all the concepts related to valuation.
The author is professor of finance at the stern school of business at new york. He has written or coedited numerous books, including. If you are interested in getting any of these books, you can try or at your friendly neighbourhood bookstore i am afraid it will not be in the. If you can identify those two or three variables, and make the effort to gather the relevant information on them, you can assess a firms valuation with reasonable. 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. Theory and practice 14 by aswath damodaran 2001, hardcover, revised at the best online prices at ebay. I am a teacher first, who also happens to love untangling the puzzles of corporate finance and valuation, and writing about my experiences. Before coming to stern, he also lectured in finance at the university of california, berkeley. From a recognized authority on the valuation processa powerful guide to valuing private companies, equities, bonds, options, futures, and more investment valuation tools and techniques for determining the value of any asset in this indispensable book, noted valuation authority and acclaimed nyu finance professor aswath damodaran gives you expert instruction on how to value virtually any type. The little book of valuation by damodaran, aswath ebook.
My name is aswath damodaran and i teach corporate finance and valuation at the stern school of business at new york university. Apr 24, 2020 aswath damodaran i am a professor of finance at the stern school of business at nyu. He was a visiting lecturer at the university of california, berkeley. Apr 20, 2012 see all articles by aswath damodaran aswath damodaran. He has been the recipient of numerous awards for outstanding teaching, including the nyu universitywide distinguished teaching award, and was named one of the nations top business school teachers by business week in 1994. Stay up to date on new courses, special events, free content and more. He teaches the corporate finance and equity valuation courses in the mba program. Damodaran has written the little book of valuation. Corporate finance with aswath damodaran nyu stern executive. The little book of valuation audiobook by aswath damodaran. Atwood, john cooley, romeo dallaire, ramu damodaran, valerie epps, michael glennon, stanley heginbotham, robert jackson, win and a great selection of related books, art and collectibles available now at. Aswath damodaran had a spate teaching at the university of california, berkeley, from 1984 to 1986, where he received the earl cheit outstanding teaching award. Aswath damodaran is the professor of finance at the stern school of business at new york university.
See all articles by aswath damodaran aswath damodaran. Oct 27, 2014 aswath damodaran is professor of finance at new york universitys leonard n. Aswath damodaran is a professor of finance and david margolis teaching fellow at the stern school of business at new york university. Mar 29, 2011 aswath damodaran is a professor of finance and david margolis teaching fellow at the stern school of business at new york university. He has been the recipient of numerous awards for outstanding teaching, including the nyu universitywide distinguished teaching award, and was named one of the nations top business school teachers by businessweek in 1994. In the little book of valuation, expert aswath damodaran explains the. Professor aswath damodarans forthcoming book, narratives and numbers.
I teach classes in corporate finance and valuation, primarily to mbas, but generally to anyone who will listen. Books by aswath damodaran author of the little book of. It is a useful starting point for estimating historical equity premiums. Aswath damodaran holds the kerschner family chair in finance education and is professor of finance at new york university stern school of business. Damodaran is a wellrespected professor at nyu and is considered the king of valuation. Get the best deal by comparing prices from over 100,000 booksellers. He is best known as author of several widely used academic and practitioner texts on valuation, corporate finance, and investment management. Download for offline reading, highlight, bookmark or take notes while you read damodaran on valuation. Pricing errors made across similar or comparable assets are easier to spot, easier to exploit and are much more quickly corrected. Mccormack graduate school of policy studies, univ of massachusetts boston by j. From a recognized authority on the valuation processa powerful guide to valuing private companies, equities, bonds, options, futures, and more investment valuation tools and techniques for determining the value of any asset in this indispensable book, noted valuation authority and acclaimed nyu finance professor aswath damodaran gives you expert instruction on how to value virtually any. See all books authored by aswath damodaran, including investment valuation. Nyu stern aswath damodaran kerschner family chair in. Aswath damodaran s most popular book is the little book of valuation.
He received his mba and phd from the university of california at. Book is new and unread but may have minor shelf wear. Kerschner family chair in finance education view full profile. Security analysis for investment and corporate finance, edition 2 ebook written by aswath damodaran. The value of stories in business, is featured in a winter book roundup december 12, 2016 excerpt from bloomberg it comes from new york university stern school professor and all around valuation guru aswath damodaran. Aswath damodaran looks at a range of these companies, from startups in new businesses to distressed companies, from banks facing regulatory turmoil to commodity firms, and from emerging market upstarts to multinationals that spread across geographies and businesses. Security analysis for investment and corporate finance wiley finance, and more on. In corporate finance with professor aswath damodaran, students become familiar with this big picture of corporate finance while also learning the intricate theories and techniques that are crucial to maximizing shareholder value.
Aswath damodaran is a professor of finance at the stern school of business at new york university kerschner family chair in finance education, where he teaches corporate finance and equity valuation. Advanced valuation with aswath damodaran nyu stern. This book does a great job at simplifying the art and science of valuation for even the novice investor. In some cases, new information can affect the valuations of all firms in a sector. Top 5 takeaways from aswath damodarans the little book of valuation.
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