It is hard at least not to have a look at this book if you find it on a library shelf. This is valid for multiple reasons:
– “Valuation – Measuring and Managing the Value of Companies” is a book written from a practical perspective by McKinsey practitioners (among the best in the world in the non-bank investment advising for M&A’s)
– The book covers almost any aspect of the corporate valuation, from a stock market perspective to an internal projects point of view;
– “Valuation” comes inside the rigorous “Wiley Finance” collection where you can expect a detailed approach on most of the finance topics.
These said, my expectations were quite high – also the promises made were substantial. And after all, I was just curious why “Valuation” is the bestselling guide on corporate valuation.
The book has a logical system building approach. Read more