A reasonable introduction to valuation but the author tends to skip about between concepts without fully explaining them. It succeeds in what it sets out to do. Acquire it without hesitation." The Little Book of Value Investing is steeped in the ideas of Ben Graham and numerous studies show the out performance of the Value Investing method over all others. Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. Top subscription boxes – right to your door, Includes case studies and examples that will help build your valuation skills, Written by Aswath Damodaran, one of today's most respected valuation experts, Includes an accompanying iPhone application (iVal) that makes the lessons of the book immediately useable, Includes illustrative case studies and examples that will help develop your valuation skills, Puts you in a better position to determine which investments are on track to add real value to your portfolio, Offers valuable valuation insights from one of the foremost experts in this field, © 1996-2020, Amazon.com, Inc. or its affiliates. Something went wrong. It feels like every page offers a new algebra equation. It also analyzes reviews to verify trustworthiness. MagicFormulaInvesting.com is not an investment adviser, brokerage firm, or investment company. Big Profits) 1 by Browne, Christopher H., Lowenstein, Roger (ISBN: 8601300281919) from Amazon's Book Store. While I have three books on valuation - Investment Valuation, Damodaran on Valuation and The Dark Side of Valuation", they are all written for valuation practitioners. In order to navigate out of this carousel please use your heading shortcut key to navigate to the next or previous heading. After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. Big Profits) 1 by Damodaran, Aswath (ISBN: 0884578189202) from Amazon's Book Store. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Written with the individual investor in mind, this reliable guide will not only help you value a company quickly, but will also help you make sense of valuations done by others or found in comprehensive equity research reports. ―Shannon Pratt Chairman and CEO, Shannon Pratt Valuations. There was a problem loading your book clubs. In addition, The Little Book of Valuation. The difficulty with DCF is that one has to estimate cash flows for 5 to 10 years, when predicting the future is difficult. "Magic Formula" is a term used to describe the investment strategy explained in The Little Book That Beats the Market.There is nothing "magical" about the formula, and the use of the formula does not guarantee performance or investment success. In The Little Book of Valuation, financial expert Aswath Damodaran explains valuation techniques in everyday language so that even those new to investing can understand. Not a good first book for investing/ valuation. It is completely accessible to the novice. The company's price-to … Please try again. The Physiotherapist's Pocketbook: Essential Facts at Your Fingertips, 3e (Physiotherapy Pocketbooks) Karen Kenyon MRes BSc (Hons) BA (Hons) MCSP, Jonathan Kenyon MSc PGCert (Independent Prescribing) BSc (Hons) MMACP MCSP "There is nothing 'little' about Damodaran's The Little Book of Valuation. If you want a short and lightweight introduction to the subject and have basic compound interest and financial statement analysis this book is useful. Price: $23.07 + Free shipping with Amazon Prime. The publisher is John Wiley and Sons. The Little Book of Investing Like the Pros: Five Steps for Picking Stocks (Little Books. Read The Little Book of Valuation: How to Value a Company Pick a Stock and Profit (Business) book reviews & author details and more at Amazon.in. I tried downloading the Sept 2008 report of 3M but the figures in the book don't match the figures in the report. To get the free app, enter your mobile phone number. Please try your request again later. The author in chapter 3 talks about intrinsic valuation and computes 3M company's valuation on the basis of September 2008 financial . Big Profits). Big Profits), Investment Valuation: Tools and Techniques for Determining the Value of Any Asset, Narrative and Numbers: The Value of Stories in Business (Columbia Business School Publishing), The Little Book That Still Beats the Market, Investment Valuation: Tools and Techniques for Determining the Value of any Asset, University Edition, Market Mind Games: A Radical Psychology of Investing, Trading and Risk, One Up On Wall Street: How To Use What You Already Know To Make Money In The Market, The Intelligent Investor: The Definitive Book on Value Investing. I tried downloading the Sept 2008 report of 3M but the figures in the book don't match the figures in the report. Description Download Aswath Damodaran - The Little Book of Valuation.pdf Free in pdf format. Report this file. Big Profits). It is short, clearly written, and covers the ground with minimal mathematics. This web site is designed to support "The Little Book of Valuation". The Little Book of Valuation: How to Value a Company, Pick a Stock and Profit. It is completely accessible to the novice. It is short, clearly written, and covers the ground with minimal mathematics. All in all there isn't a lot here for experienced investors, and beginners would be better to start somewhere else. The Little Book of Valuation: How to Value a Company, Pick a Stock and Profit. Unfortunately, these calcs could have been visualized far better. The price of a stock cannot be justified by assuming there will be other investors around who will pay a higher price in the future. There's a problem loading this menu right now. the first 30 odd pages deal with many fundamentals like time value of money, fundamental ratios etc which are larges chapters in corporate finance classes. In addition, The Little Book of Valuation. You're listening to a sample of the Audible audio edition. Written with the individual investor in mind, this reliable guide will not only allow you to value a company quickly, but will also help you make sense of valuations done by others or found in comprehensive equity research reports. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. It is also an important addition to the professional library of the finance specialist. I do recommend it as an introduction and overview of the subject area. He also makes the case that the two popular, and often divergent, approaches (intrinsic and relative) to valuation can be used in tandem. Following on the heels of the national best-selling The Little Book that Beats the Market, which has sold over 275,000 copies since its November 2005 publication, The Little Book of Value Investing offers investors (professional and amateur alike) the necessary tools to follow a value-investment model that consistently beats the market. Damodaran has once more published a book which is easy to read, very well structured and reader-friendly. And this thesis is also backed by many sentences in the book. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. He has written or coedited numerous books, including Damodaran on Valuation, Investment Valuation, Corporate Finance, Investment Management, Investment Philosophies, and Applied Corporate Finance (all published by Wiley), as well as The Dark Side of Valuation, Investment Fables, and Strategic Risk Taking. Common books like the works of William Shakespeare, prayer books, bibles and encyclopedias were printed in huge quantities during the Victorian era and usually have little value. Find all the books, read about the author, and more. Reviewed in the United Kingdom on December 19, 2016, The "Little Book" series is very good, each book typically being short and to the point, and this one fits the series profile. Still, Mr. Damodaran tries in the basis of practical examples to show how he goes for the calculations of intrinsic and relative value. Common books like the works of William Shakespeare, prayer books, bibles and encyclopedias were printed in huge quantities during the Victorian era and usually have little value. ASWATH DAMODARAN is Professor of Finance at New York University's Leonard N. Stern School of Business. He also makes the case that the two popular, and often divergent, approaches (intrinsic and relative) to valuation can be used in tandem. Valuation is at the heart of any investment decision, whether that decision is to buy, sell, or hold. Following on the heels of the national best-selling The Little Book that Beats the Market, which has sold over 275,000 copies since its November 2005 publication, The Little Book of Value Investing offers investors (professional and amateur alike) the necessary tools to follow a value-investment model that consistently beats the market. LITTLE BOOK BIG PROFITS (R). ―Shannon Pratt Chairman and CEO, Shannon Pratt Valuations This shopping feature will continue to load items when the Enter key is pressed. Discounted cash flow and not too much else, Reviewed in the United States on August 10, 2015. For e.g. This book is an impressive synthesis of sound theory and best practice. He has written or coedited numerous books, including Damodaran on Valuation, Investment Valuation, Corporate Finance, Investment Management, Investment Philosophies, and Applied Corporate Finance (all published by Wiley), as well as The Dark Side of Valuation, Investment Fables, and Strategic Risk Taking. In The Little Book of Valuation, expert Aswath Damodaran explains the techniques in language that any investor can understand, so you can make better investment decisions when reviewing stock research reports and engaging in independent efforts to value and pick stocks. It succeeds in what it sets out to do. Valuation is at the heart of any investment decision, whether that decision is to buy, sell, or hold. It is completely accessible to the novice. The author's problem seems to be that he can't say much in 200 pages (his textbooks are several times as long) so he just discusses discounted cash flow methods (intrinsic valuation) and the usual comparative valuation ratios (PE,...). Free delivery on qualified orders. A missing dust jacket, or a dust jacket that is in poor condition, can cut a collectible book's value more than … After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. Praise for THE LITTLE BOOK OF VALUATION "There is nothing 'little' about Damodaran's The Little Book of Valuation.The whole gamut of ideas that form the basis for all business valuations— covered in his many multi-hundred page classics-are all here, with the same rigor, clarity, pointedness, and wit." The problem I have is that Joel Greenblatt in another Little Book, The Big Secret for the Small Investor: A New Route to Long-Term Investment Success. ―Pablo Fernandez, Professor of Finance IESE Business School, Spain, "Damodaran's fast read book offers valuable insights for both institutional and sophisticated individual investors. ―Professor Anant K. Sundaram Tuck School of Business, Dartmouth College, "The Little Book of Valuation is a great book that I will recommend to my students and friends. If you want a short and lightweight introduction to the subject and have basic compound interest and financial statement analysis this book is useful. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. LITTLE BOOK BIG PROFITS ®. Acquire it without hesitation." Page by page, Damodaran distills the fundamentals of valuation, without glossing over or ignoring key concepts, and develops models that you can easily understand and use. , totally destroys the concept of trying to value companies in this way. Within the confines of 'intrinsic' (income approach) and 'relative' (market approach) analysis, he identifies the 'value drivers' in several broad categories of stocks and the most important factors to look for, and how to treat them in valuation for each category." That is the equivalent of playing an expensive game of musical chairs. In The Little Book of Valuation, financial expert Aswath Damodaran explains valuation techniques in everyday language so that even those new to investing can understand. A Book of Practical Counsel (Revised Edition), The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. The author also has a particular view on valuation techniques and doesn't fully explore alternative approaches. Page by page, Damodaran distills the fundamentals of valuation, without glossing over or ignoring key concepts, and develops models that you can easily understand and implement. He doesn't have much to say about the problems of relying on valuations; mention of Graham's Margin of Safety ideas would have been appropriate. the first 30 odd pages deal with many fundamentals like time value of money, fundamental ratios etc which are larges chapters in corporate finance classes. "The Little Book of Valuation is a great book that I will recommend to my students and friends. This is a good book however it covers a large number of concepts very briefly. Most hard cover books published since the early 20th century were sold with a dust jacket. Something went wrong. This book echoes some of the author's earlier works but whereas his other books are largely geared towards professional practitioners, The Little Book of Valuation is targeted at individual investors. Buy from Amazon.com Reviewed in the United States on September 19, 2020, This book has defeated me. The Little Book of Valuation starts by explaining the nuts and bolts of finance including topics such as time value of money and the concept of risk. I'd recommend reading Greenblatt before this, and coming back if you still think it's worth it. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required. Big Profits), Investment Valuation: Tools and Techniques for Determining the Value of Any Asset (Wiley Finance Book 666), The Little Book That Still Beats the Market (Little Books. That is the equivalent of playing an expensive game of musical chairs. It feels like every page offers a new algebra equation. Reader-friendly description meets hardly approachable calculations. There was an error retrieving your Wish Lists.