Analysis and insights from top thought leaders on a pivotal topic in investing and asset management Valuation 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 examples Comprehensively discusses special valuation situations, such as real options, employee stock options, highly leveraged firms, corporate takeovers, and more Supplies you with the tools you need to successfully navigate and thrive in the ever-changing financial markets Is being produced with the full support and input of CFA Institute, the world s leading association of investment professionals

Analysis and insights from top thought leaders on apivotal topic in investing and asset managementValuation is the cornerstone for investment analysis, and athorough understanding and correct application of valuationmethodologies are critical for long-term investing success. Editedby two leading valuation experts from CFA Institute, this bookbrings together the insights and expertise of some of the mostastute and successful investment minds of the past 50 years. FromBenjamin Graham, the "father of value investing," toAswath Damodaran, you'll learn what these investmentluminaries have to say about investment valuation techniquesincluding earnings and cash flow analysis.* Features the best thinking on valuation from theindustry's masters on the topic, supplemented with dozens offascinating and instructive real-world examples* Comprehensively discusses special valuation situations, such asreal options, employee stock options, highly leveraged firmscorporate takeovers, and more* Supplies you with the tools you need to successfully navigateand thrive in the ever-changing financial markets* Is being produced with the full support and input of CFAInstitute, the world's leading association of investmentprofessionals