The Little Book of Valuation

How to Value a Company, Pick a Stock and Profit

By: Aswath Damodaran

Narrated by: Matthew Boston

An accessible and intuitive guide to stock valuation.

Valuation is at the heart of any investment decision, whether that decision is to buy, sell, or hold. In The Little Book of Valuation, expert Aswath Damodaran explains the techniques in language that any investor can understand, so you can make better investment decisions when reviewing stock research reports and engaging in independent efforts to value and pick stocks.

In this audiobook, Damodaran distills the fundamentals of valuation, without glossing over or ignoring key concepts, and develops models that you can easily understand and use. Along the way, he covers various valuation approaches from intrinsic or discounted cash-flow valuation and multiples or relative valuation to some elements of real-option valuation.

Written with the individual investor in mind, this reliable guide will not only help you value a company quickly, but will also help you make sense of valuations done by others or found in comprehensive equity research reports.

©2011 Aswath Damodaran (P)2019 Gildan Media

an overview of accounting 3

a very excellent and short book it reminded me of my days in college when I was taking accounting 3. Actually have to do a refresher on that, but very easy to follow applicable standards of accounting.

Very good. Quick and intense

Great information. Have to listen to I many times for it to sink in throughly.

Former value investor gets back in touch with his roots

As so many others have, I started my journey as an investor in the school of value (think: The Intelligent Investor). After several years of my knowledge of value investing somewhat atrophying, I found this book to be a perfect, condensed, and to the point lesson on the fundamentals of valuation. I would very much recommend it to any in a similar position, or to those looking to dip their feet into the world of valuation.

Simple and effective

I enjoyed the explanation of intrinsic vs relative valuation. Really great read would recommend to those who seek to understand the sources of value in a company.

not for beginners

this book is not for beginners. it has a lot of formulas and calculations. it might be a better pick for people in the finance industry.