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valuation


An Answer to “Crypto’s Unanswered Question: At What Price?”

A few foundational microeconomic assumptions and a discounted cash flow (DCF) framework can help inform crypto buy and sell decisions.

Bitcoin Valuation: Four Methods

Unlike traditional assets such as stocks and bonds, bitcoin lacks the typical characteristics required for traditional valuation methods.

What If the US Government Were Valued Like a Company?

If the US government were a normal company, it would have had to declare bankruptcy long ago.

Book Review: Valuation

The authors set out the core principles of valuation and offer a guide to measuring a company's value.

Aswath Damodaran Discusses Valuation amid COVID-19

Stern School of Business Professor Aswath Damodaran says it's important not to abandon valuation fundamentals.

Top Five Articles from April: Portfolio Concentration, Cryptocurrencies, Quantamental

An analysis of portfolio concentration and a primer on cryptocurrencies are among the leading posts from Enterprising Investor last month.

Assessing Value in the Digital Economy

Analysts need new tools to evaluate new business models.

The Case for Further Stock Market Gains

The stock market often moves contrary to consensus forecasts, says Mark Armbruster, CFA. In the face of many stock market naysayers, there is a reasonable argument for further gains.

Investment Wisdom from the Masters: Risks and Relative Values in Diversified Global Portfolios

“We are lucky enough to hear from two important luminaries if I dare not say lions, of the financial economic world over the last few decades,” introduced Gillian Tett as Robert Shiller and Jeremy Siegel squared off again.

Non-GAAP Business Performance Measures: An Investor Perspective

Non-GAAP company performance measures are growing in prominence. Is this a good thing for investors who rely so strongly on accounting numbers for evaluating performance and valuing businesses? A recent CFA Institute webinar explored the issue.