Security Analysis and Business Valuation on Wall Street. A Comprehensive Guide to Today's Valuation Methods

An insider's look at security analysis and business valuation, as practiced by Wall Street, Corporate America, and international businesses Two major market crashes, numerous financial and accounting scandals, growth in private equity and hedge funds, Sarbanes Oxley and related regulations, and international developments changed security analysis and business valuation substantially over the last fourteen years. These events necessitated a second edition of this modern classic, praised earlier by Barron's as a «welcome successor to Graham and Dodd» and used in the global CFA exam. This authoritative book shows the rational, rigorous analysis is still the most successful w…