#11892
Mentioned in 1 episodes
The theory of investment value
Book • 1938
John Burr Williams's "The Theory of Investment Value" is a foundational text in finance that introduced the concept of intrinsic value and its application to investment decision-making.
The book lays out a framework for valuing assets based on their expected future cash flows, discounted back to their present value.
This approach, known as discounted cash flow (DCF) analysis, remains a cornerstone of modern financial valuation.
Williams's work emphasizes the importance of considering a company's future earnings potential and the risks associated with those projections.
The book's rigorous approach to valuation has had a lasting impact on the field of finance and investment.
The book lays out a framework for valuing assets based on their expected future cash flows, discounted back to their present value.
This approach, known as discounted cash flow (DCF) analysis, remains a cornerstone of modern financial valuation.
Williams's work emphasizes the importance of considering a company's future earnings potential and the risks associated with those projections.
The book's rigorous approach to valuation has had a lasting impact on the field of finance and investment.
Mentioned by
Mentioned in 1 episodes
Mentioned by Brian Feroldi as the author of a book that introduced concepts like intrinsic value and discounted cash flow.
86 snips
TIP567: The Evolution of Value Investing w/ Brian Feroldi
Mentioned by Robert Hagstrom as a source for Warren Buffett's dividend discount model approach to valuation.
TIP360: Inside The Money Mind of Warren Buffett w/ Robert Hagstrom
