CHAPTER 7
Market Value Drivers of Public Corporations Genius, Liberty, Law, Markets, Governance, and Values
Everything that can be counted does not necessarily count; everything that counts cannot necessarily be counted.
—Attributed to Albert Einstein, from a sign posted at his desk at the Institute for Advanced Study, Princeton, New Jersey
LET’S RECAP. Chapter 1 summarized, with caveats, existing valuation techniques. Chapter 2 identified the main kinds of assets found on a balance sheet and urged analysts to consider values that lie beyond. Then, turning to earnings, Chapter 3 advised analysts to select operating earnings rather than total earnings, to eliminate windfalls. Chapter 4 focused on cash flow, with an emphasis on the importance ...
Get Corporate Valuation for Portfolio Investment: Analyzing Assets, Earnings, Cash Flow, Stock Price, Governance, and Special Situations now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
