Top positive review
Incredibly easy to read, incredibly full of information. Get ready for 'wow'
Reviewed in the United States on June 15, 2018
This book provides a great framework for avoiding "garbage-in, garbage-out" when approaching the valuation of a business. Professor Damodaran hits on the key points, but does leave the reader with some work to do in terms of implementation. The included examples are indeed helpful, but referring to his website helps to fill in the gaps between idea and practice.
I think this book will be particularly helpful for one 'dark side' of the valuation game - trying to close in on the possible value for a startup or early-stage business tackling a potentially new market. The iterative process of revisiting key inputs (the fewer the better) is also emphasized, something which is a helpful thought exercise to evaluate a change in a company's story/narrative and what that means to the value of the business.