The Theory of Investment Value
Author | : John Burr Williams |
Publisher | : |
Total Pages | : 650 |
Release | : 2014-01 |
ISBN-10 | : 1607966654 |
ISBN-13 | : 9781607966654 |
Rating | : 4/5 (654 Downloads) |
Download or read book The Theory of Investment Value written by John Burr Williams and published by . This book was released on 2014-01 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the book is interesting today is that it still is important and the most authoritative work on how to value financial assets. "Williams combined original theoretical concepts with enlightening and entertaining commentary based on his own experiences in the rough-and-tumble world of investment." Williams' discovery was to project an estimate that offers intrinsic value and it is called the 'Dividend Discount Model' which is still used today by professional investors on the institutional side of markets.