The dark side of valuation

The Dark Side of Valuation explores the challenges of valuing companies that do not fit traditional models, such as start-ups, distressed firms, and those in emerging markets.

Aswath Damodaran provides frameworks and insights to navigate these complexities, emphasizing the importance of first principles in valuation.

The book covers a range of company types, from commodity firms to multinationals, and discusses how to adapt valuation techniques to dynamic market conditions.