Numbers are nothing without a story, and a story needs numbers to back it up. So says New York University finance professor Aswath Damodaran in this illuminating guide to valuing companies. He offers step-by-step instructions on figuring out how much you should pay for shares in Amazon, Uber or any other enterprise. Damodaran provides an intriguing, insightful look into combining number crunching with storytelling. While never giving investment advice, getAbstract recommends his manual to investors and managers seeking to master the use of storytelling in investing.
In this summary, you will learn
- How to use the power of storytelling and numbers,
- Why valuation models are valuable but imperfect, and
- Why you should listen to those who disagree with your story.
About the Author
Aswath Damodaran is a professor of finance at New York University’s Stern School of Business. His books include Applied Corporate Finance and The Little Book of Valuation.
Comment on this summary
11 months agovery Nice and good learning
6 months agovery Nice and good learning