Summary of Narrative and Numbers
The Value of Stories in Business
To make sense of business and investing, learn to combine statistics with stories.
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.
Comment on this summary
2 weeks agovery Nice and good learning
By the same author
Wharton School Publishing, 2007
Customers who read this summary also read
The Economist Intelligence Unit
EIU © 2016. Sponsored by American Express, 2016
Applewood Books, 1986
G. Andrew Karolyi
Oxford UP, 2015
Benjamin Graham and David Dodd