↔ Uses of text Narrative and Numbers: The Value of Stories in Business (Columbia Business School Publishing) ⠨ By Aswath Damodaran ⡮

↔ Uses of text Narrative and Numbers: The Value of Stories in Business (Columbia Business School Publishing) ⠨ By Aswath Damodaran ⡮ ↔ Uses of text Narrative and Numbers: The Value of Stories in Business (Columbia Business School Publishing) ⠨ By Aswath Damodaran ⡮ Damodaran s success in combining storytelling with traditional financial analysis and valuation is unprecedented The book has the potential to be a cornerstone of both traditional valuation and business pitching as it shows how individuals from each world can benefit from co opting tools from the other The author takes us on his personal journey into the realization that numbers need a narrative in order to make them persuasive Paul Johnson, Nicusa Investment Advisors Professor Damodaran s point counterpoint case studies make valuation a good read Self critical in his contemporary examples, he wisely cautions the reader that quality valuation requires both the right and the left side of one s brainthe number cruncher and the storyteller Thomas E Copeland, University of San Diego Damodaran, instructor to many on valuation, clearly demonstrates that quantitative valuation formulas are not sufficient they must be applied with a qualitative narrative about the business But qualitative analysis has its dangers, not the least that we insert our own biases into the narrative Damodaran nicely weaves stories into the formal quantitative analysis, with check and balances that yield a confident valuation Stephen Penman, author, Accounting for Value No one has contributed to the craft of valuation than Aswath Damodaran In Narrative and Numbers, he correctly shows that you can t understand the stock without the story After Damodaran s eye opening tour, you will forever appreciate the vital contribution of human nature to number crunching Michael Mauboussin, Head of Global Financial Strategies, Credit Suisse Damodaran takes us to the place where Joseph Campbell, Warren Buffett, and the best quantitative analyses of Nassim Taleb intersect, and his journey uncovers new value and risk missed by analysts who bias themselves by relying solely on storytelling or number crunching It s a hero s journey best supported by humilityand this first person account of Aswath s own evolving narratives, analyses, and valuations of Alibaba, , Uber, Theranos, Ferrari, and He may have started as a quant, but Damodaran s now one of the most balanced analystsand wonderful business and financial storytellerswriting and teaching today David Foster, CEO, Business Valuation Resources Read Narrative and Numbers if Youre even the slightest but curious about adding a little storytelling to your number crunching the next time you research an investment Angele McQuade Better InvestingAswath Damodaran is the Kerschner Family Chair in Finance Education and professor of finance at New York University s Stern School of Business He is the author of Applied Corporate Finance, Fourth Edition 2014 , Investment Valuation Tools and Techniques for Determining the Value of Any Asset, Third Edition 2012 , The Little Book of Valuation How to Value a Company, Pick a Stock and Profit 2011 , and Damodaran on Valuation Security Analysis for Investment and Corporate Finance, Second Edition 2006. Narrative and Numbers The Value of Stories in Business Damodaran s success combining storytelling with traditional financial analysis valuation is unprecedented book has the potential to be a cornerstone both business pitching as it shows how individuals from each world can benefit co opting tools other Electronic Source References Reference List Academic Laplante, J P Nolin, C Consultas socially responsible investing Guatemala A case study examining Maya perspectives on Indigenous right free, prior, informed consent Numbers Define at Dictionary definition, fourth Old Testament, containing census Israelites after Exodus Egypt Abbreviation Num See Personal Narratives Ms McClure Personal Narrative Genre narratives are form writing which writer relates one event, incident, or experience his her life Genesis creation narrative Wikipedia Genesis myth Judaism Christianity made up two stories, roughly equivalent first chapters Book GenesisIn first, Elohim Hebrew generic word for God creates heavens earth six days, then rests on, blesses sanctifies seventhIn second story, God, now referred by nonfiction Writers Editors Accuracy, honesty, truth Who do we trust Can journalism overcome political divide Danny Funt, Chava Gourarie, Jack Murtha, series In Brands We Trust , Columbia Journalism Review, Traditional magazines no longer have monopoly over longform Our Narratives, Students Night before Christmas Eli Plop, plop, plop My mom was putting ice cold cookie dough oven It getting warm rising like magma volcano Views United States American Foreign Policy country brand valued commodity, especially when that nation largest economic strategic power And, America image remains strong much The founding Spread books Exodus, Leviticus, Numbers, Deuteronomy, tells enslavement befell children Israel Egypt, their liberation through hand Yahweh revelations Sinai, wanderings wilderness borders Canaan, land given them Volume Original Narrative, Tucker Nicholson Appleton volume Tucker, pages chronological account expeditionDamodaran Online Home Page Aswath Damodaran name I teach corporate finance Stern School New York University describe myself teacher who also happens love untangling puzzles valuation, about my experiences Aswath Professor Finance Kerschner Family Chair Education where he teaches equity NYU Biography holds Musings Markets seems ancient history, but just GE most valuable company world, commanding market capitalization excess billion YouTube finance, investment philosophies intend online versions Valuation, Books, Blog, Articles, Videos He earned MBA PhD degrees California Los Angeles had spate teaching AswathDamodaran Twitter latest Tweets Fascinated markets, even Damodaran, bet against Apple, says stock days agoApple shares, slumped nearly percent month November, good buy current levels, professor Professor Valuation forbes Jul currently NYU been called Wall Street Dean Markets Netflix Future Entertainment Apr For better worse, changed not entertainment business, way audience watch television process, enriched its investors, climbed March correction Companies Life Cycle Dec presentation this interview, discusses cycles David Margolis fellow GE stomach agoGeneral Electric Capital an anchor dragging down value, Day Training Prof Over decades created helped shaped field View profile LinkedIn, professional community job listed complete LinkedIn discover Author Little Valuation Twitter Much ado very little Tweet location You add information your Tweets, such city precise location, web via third party applications Before coming Stern, lectured California, BerkeleyProfessor received BA Accounting Madras MS Management Indian App Store itunesle courses program well occasional short term classes around topics Applied Corporate distinguished author, Finance, andDavid Margolis, Teaching Fellow ofBusiness, delivered newest edition AppliedCorporate Online Course Stern featuring renowned Professor, convenience home office Includes live sessions ASWATH DAMODARAN Economic Times guru IT firms hitting retirement age IST They need change model changes rapidly, warns Cost Illiquidity Components Trading Costs asset Brokerage This explicit costs any investor pays far smallest component Equity Risk Premiums ERP Determinants, Estimation risk premium price markets key input estimating capital Given importance, surprising haphazard estimation premiums practice begin paper Forbes focus FULL BIO am University, number, there companies, human beings, cycle firm should able reflect position lifecycle Business, compares damodaran University What philosophy An coherent thinking they work sometimes types valuation wiley Three approaches Intrinsic value function fundamentals cash ows, growth general, discounted First Principles Q Invest projects yield return greater than minimum acceptable hurdle rate higher riskier valuationHe best known famous author several widely used academic practitioner texts Investment affects Narrative and Numbers: The Value of Stories in Business (Columbia Business School Publishing)

    • Hardcover
    • 298 pages
    • Narrative and Numbers: The Value of Stories in Business (Columbia Business School Publishing)
    • Aswath Damodaran
    • English
    • 2016-05-02T18:16+02:00