16/03/2021
“Valuation – Measuring and Managing the Value of Companies” Link to book: https://amzn.to/30QLKPU
So, let's start 🙂 I found this book a highly informative supplement to the repetitive and theoretical courses of corporate finance. “Valuation – Measuring and Managing the Value of Companies” is a technical finance book – do not expect to go through it during your late evenings and as a supplementary reading. Its benefits are quite substantial – as a corporate finance practitioner myself, I appreciated the twists and turns the book took in going into the fine details of what happens in reality. This should help a lot when meeting with various situations – and when you want to perform your due diligence correctly and unbiased.
Although a great deal of effort is put into considering multiple stakeholder perspectives, I found that there was some extra work to be done here. At last (but not at least), the book tried to be an objective assessment tool, which does not work always in practice. The latest advances in behavioral finance are often quite intriguing and worth considering. This is not a bad thing – and after all, why would we need anymore the McKinsey consultants if we would apply exactly the recipes from the book and get the best results? Recommended ✔ https://amzn.to/30QLKPU
