April 2018
Intermediate to advanced
800 pages
26h 27m
English
book
Dark Side of Valuation, The: Valuing Young, Distressed, and Complex Businesses, Third edition
by Aswath Damodaran
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Preface to the Third Edition
The first edition of this book is showing its age and origins. The idea for this book was born at the end of 1999, toward the end of the Dot-com boom, and was triggered by two phenomena: the seeming inability of traditional valuation models to explain stratospheric stock prices for technology (especially new technology) companies, and the willingness of analysts to abandon traditional valuation metrics and go over to the “dark side” of valuation, where prices were justified using a mix of new metrics and storytelling. The publication of the first edition coincided with the bursting of that bubble. The second edition came ten years later, just after the 2008 crisis, precipitated by a housing bubble bursting and banks ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.