Valuation is at the heart of any investment decision. One valuation book stands out as withstanding the passage of time among investors and students of financial markets, Aswath Damodaran's Investment Valuation. This edition is updated to reflect changing market conditions, presenting valuation models available and how to choose the right model for any given asset valuation scenario. This indispensable guide is a definitive source of all topics related to investment valuation and its methods.
"Aswath Damodaran's work is always worth reading.... For investors and students of the financial markets who want to embark on serious fundamental analysis, it is critical to understand how to go about valuing stocks and other instruments. There is no short cut.... Damodaran's Investment Valuation explains the hard work part."