Comments on: Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions http://www.taxbanking.com/investment-banking-valuation-leveraged-buyouts-and-mergers-and-acquisitions.html Personal Tax and Financial Banking Wed, 06 Apr 2011 22:58:01 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Eric Ritter http://www.taxbanking.com/investment-banking-valuation-leveraged-buyouts-and-mergers-and-acquisitions.html/comment-page-1#comment-1873 Eric Ritter Fri, 14 May 2010 20:32:07 +0000 http://www.taxbanking.com/investment-banking-valuation-leveraged-buyouts-and-mergers-and-acquisitions.html#comment-1873 <br />I'm a finance professional and read all the latest valuation books. This one stands out among thousands of titles. It is the first book I've seen that accurately describes how practitioners analyze and value businesses. I'm recommending it to all of my colleagues. Rating: 5 / 5 I’m a finance professional and read all the latest valuation books. This one stands out among thousands of titles. It is the first book I’ve seen that accurately describes how practitioners analyze and value businesses. I’m recommending it to all of my colleagues.
Rating: 5 / 5

]]> By: Vijay Madyastha http://www.taxbanking.com/investment-banking-valuation-leveraged-buyouts-and-mergers-and-acquisitions.html/comment-page-1#comment-1872 Vijay Madyastha Fri, 14 May 2010 17:37:28 +0000 http://www.taxbanking.com/investment-banking-valuation-leveraged-buyouts-and-mergers-and-acquisitions.html#comment-1872 Love the i-banking book. I do middle-market M&A so I haven't been exposed to LBO models and the classic trading and tx comps that a typical wall street banker would do. But I found the book really engaging and really appreciate the worksheets that you uploaded. I hope you all come up with a second volume or come out with more books in the future. Rating: 5 / 5 Love the i-banking book. I do middle-market M&A so I haven’t been exposed to LBO models and the classic trading and tx comps that a typical wall street banker would do. But I found the book really engaging and really appreciate the worksheets that you uploaded. I hope you all come up with a second volume or come out with more books in the future.
Rating: 5 / 5

]]> By: Gene Huang http://www.taxbanking.com/investment-banking-valuation-leveraged-buyouts-and-mergers-and-acquisitions.html/comment-page-1#comment-1871 Gene Huang Fri, 14 May 2010 15:35:30 +0000 http://www.taxbanking.com/investment-banking-valuation-leveraged-buyouts-and-mergers-and-acquisitions.html#comment-1871 Investment banking is one of those industries where the only constant is change. The books I had from just a few years ago now seem hopelessly out-of-date. That's why I'm so happy I found this book - it's my bible for the finance world. I've already bought copies for friends - I even got one for my financial advisor and he loved it! I'm definitely going to send a copy to everyone I know who's preparing for Wall Street interviews now. The concepts are sophisticated but the book is so well-written it makes complex valuation seem like second nature. Rating: 5 / 5 Investment banking is one of those industries where the only constant is change. The books I had from just a few years ago now seem hopelessly out-of-date. That’s why I’m so happy I found this book – it’s my bible for the finance world. I’ve already bought copies for friends – I even got one for my financial advisor and he loved it! I’m definitely going to send a copy to everyone I know who’s preparing for Wall Street interviews now. The concepts are sophisticated but the book is so well-written it makes complex valuation seem like second nature.
Rating: 5 / 5

]]> By: Pedro Goes M. Oliveira http://www.taxbanking.com/investment-banking-valuation-leveraged-buyouts-and-mergers-and-acquisitions.html/comment-page-1#comment-1870 Pedro Goes M. Oliveira Fri, 14 May 2010 13:23:18 +0000 http://www.taxbanking.com/investment-banking-valuation-leveraged-buyouts-and-mergers-and-acquisitions.html#comment-1870 If you want to learn how academics think valuation should be done, read Damodaran's "Investment Valuation". If you want to know how valuation is carried out in practice in the M&A market, read this excelent book (don't misunderstand me, Damodaran's book is also very good). Rating: 5 / 5 If you want to learn how academics think valuation should be done, read Damodaran’s “Investment Valuation”. If you want to know how valuation is carried out in practice in the M&A market, read this excelent book (don’t misunderstand me, Damodaran’s book is also very good).
Rating: 5 / 5

]]> By: A. J. Southwell http://www.taxbanking.com/investment-banking-valuation-leveraged-buyouts-and-mergers-and-acquisitions.html/comment-page-1#comment-1869 A. J. Southwell Fri, 14 May 2010 12:11:55 +0000 http://www.taxbanking.com/investment-banking-valuation-leveraged-buyouts-and-mergers-and-acquisitions.html#comment-1869 As a detailed discussion of valuation in the M&A context, this book is a gem. It summarizes the various approaches, and the chapter on the M&A process is correct and adequately detailed. The links to online models were especially helpful, and we are making this book required reading for new analysts at our boutique M&A shop. <br /> <br />For those interested in understanding the theory behind valuation, Aswath Damodaran, "Investment Valuation" still has first place. And for those who need to value non-standard assets (oil & gas, real estate, insurance companies) Jeffrey Hooke, "Security Analysis on Wall Street" remains essential. Rating: 4 / 5 As a detailed discussion of valuation in the M&A context, this book is a gem. It summarizes the various approaches, and the chapter on the M&A process is correct and adequately detailed. The links to online models were especially helpful, and we are making this book required reading for new analysts at our boutique M&A shop.

For those interested in understanding the theory behind valuation, Aswath Damodaran, “Investment Valuation” still has first place. And for those who need to value non-standard assets (oil & gas, real estate, insurance companies) Jeffrey Hooke, “Security Analysis on Wall Street” remains essential.
Rating: 4 / 5

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