Re: Valuation and Common Sense (8h edition, April 2023). Free book

[Somdeb Lahiri]

Dear Pablo:

Thank you very much for your email. I am copying microeconomic theory google group to make your documents available to a wider audience. I would be vey happy to include you in the google group and look forward to your future posts on the forum.

Please let me know if you agree to subscribe to the google group and your preferred email address.

Best.

Somdeb.

On Fri, Mar 22, 2024 at 3:04 PM Fernández, Pablo <PFern...@iese.edu> wrote:

Dear Somdeb,

Valuation and Common Sense (8^h edition, April 2023) is a free book that I use with MBAs, Managers and Undergraduates. You may use (resend, distribute, copy, photocopy…) the book or any chapter as you wish.  

Best wishes and take care, Pablo Fernandez. PhD (Harvard) and Prof. (IESE, Madrid) of Finance,

 

To send you emails about Finance and Valuation in the future, I need your approval: just reply this email.

If you do not answer, I will not bother you with more emails.

The 24 chapters may be downloaded for free at the following links: 

Chapter		Downloadable at:
	Table of contents, acknowledgments, glossary	http://ssrn.com/abstract=2209089
1	Company valuation methods	http://ssrn.com/abstract=274973
2	Cash flow discounting: fundamental relationships and unnecessary complications	http://ssrn.com/abstract=2117765
3	Cash flow valuation methods: perpetuities, constant growth and general case	http://ssrn.com/abstract=743229
4	Valuing companies by cash flow discounting: ten methods and nine theories	http://ssrn.com/abstract=256987
5	WACC: definition, misconceptions and errors	http://ssrn.com/abstract=1620871
6	Valuation using multiples: dispersion. Useful to compare and to negotiate	http://ssrn.com/abstract=274972
7	PER (Price to earnings ratio), PtoB (value to book ratio) and g (growth)	http://ssrn.com/abstract=2212373
8	How to value a seasonal company discounting cash flows	http://ssrn.com/abstract=406220
9	Equity premium: historical, expected, required and implied	http://ssrn.com/abstract=933070
10	CAPM: an absurd model	http://ssrn.com/abstract=2505597
11	CAPM: the model and 307 comments about it	http://ssrn.com/abstract=2523870
12	The equity premium in 150 textbooks	http://ssrn.com/abstract=1473225
13	Market Risk Premium and Risk-Free Rate used in 80 countries in 2023: a survey	https://ssrn.com/abstract=4407839
14	Are calculated betas good for anything?	http://ssrn.com/abstract=504565
15	Beta = 1 does a better job than calculated betas	http://ssrn.com/abstract=1406923
16	Valuing real options: frequently made errors	http://ssrn.com/abstract=274855
17	Value of tax shields (VTS): 3 theories with “some” common sense	http://ssrn.com/abstract=2549005
18	Internet valuations: the case of Terra-Lycos	http://ssrn.com/abstract=265608
19	Valuation of Internet-related companies	http://ssrn.com/abstract=265609
20	Valuation of brands and intellectual capital	http://ssrn.com/abstract=270688
21	Interest rates and company valuation	http://ssrn.com/abstract=2215926
22	Dividends and share repurchases	http://ssrn.com/abstract=2215739
23	How inflation destroys value: taxes	http://ssrn.com/abstract=2215796
24	119 common errors in company valuations	http://ssrn.com/abstract=1025424

 

Tables and figures have been updated until 2023 and may be downloaded in excel format with all calculations in https://web.iese.edu/PabloFernandez/

 

--

Somdeb Lahiri
https://sites.google.com/view/somdeblahiri

https://independent.academia.edu/LahiriSomdeb 

I believe in non-violence (= absence of violence).

Lecture Notes: Demand, Demand Curves and Consumer's Surplus