- Other Missed Assets

- The Value of Complexity

- Defining Debt: Cost of Capital Versus Debt to Net Out

- Equity Options



Weekly Challenge # 5:

Dealing with management options and solution

1. Introduction to Valuation
2. Approaches to Valuation
3. Valuation Riskfree Rates
4. Equity Risk Premiums
5. Equity Risk Premia and Bond Default
6. New ERP for September 2009
7. Hybrid Securities Measurings Earnings
8. Accounting fraud, Money losing, Tax rates & Cap Ex
9. Working Capital
10. Fundamental Growth
11. Terminal Value
12. Other Missed Assets
13. Valuation Examples
14. Valuing Corporate Governance Lambdas
15. Valuing companies with R&D
16. Analysis and Application Tests: The PE Ratio
17. PE and PEG Ratios
18. PEG Ratios - Applications
19. Visualizing Cheap Companies - PBV versus ROE
20. Option Pricing Redux
21. Valuing Equity as an Option
22. Acquisition Tests, Price v. Value
23. Closing thoughts on Value Enhancement

In this course, NYU's Stern Business School Professor Aswath Damodaran gives 23 video lectures on Valuation.



Knowing what an asset is worth and what determines that value is a pre-requisite for intelligent decision making -- in choosing investments for a portfolio, in deciding on the appropriate price to pay or receive in a takeover and in making investment, financing and dividend choices when running a business. The premise of valuation is that we can make reasonable estimates of value for most assets, and that the same fundamental principles determine the values of all types of assets, real as well as financial. Some assets are easier to value than others, the details of valuation vary from asset to asset, and the uncertainty associated with value estimates is different for different assets, but the core principles remain the same. This introduction lays out some general insights about the valuation process and outlines the role that valuation plays in portfolio management, acquisition analysis and in corporate finance. It also examines the three basic approaches that can be used to value an asset.



Source:

- An Introduction to Valuation

- Syllabus for Equity Class

- Equity Class Webcasts