• Class Material
  • Syllabus
  • Lecture Notes
  • Books
    • Investment Valuation, 3rd Ed
    • Damodaran on Valuation
    • The Dark Side of Valuation
    • The Little Book of Valuation
• Webcasts
  • NYU/Stern
  • Apple iTunes U
  • Yellowdig
  • YouTube
• The Projects
  • The "Big" Project
    • Project Description
    • Data for project
    • Past Projects
  • The Mystery Project
• Exams & Problems
  • Quiz Rules
  • Practice Problems
  • Past Quizzes and Exams
  • Quiz Reviews
• Add ins
  • In-class Valuations
  • Valuation of the week
  • Weekly Challenges
• In the loop
  • Calendar
  • Newsletters
  • Emails for the class
• Support
  • Data
  • Spreadsheets
  • Readings

 

This 26-session equity valuation class will be starting January 30, 2023, and the sessions will be online, though recordings will be acceible on multiple platforms. You can get the supporting lecture notes by clicking on the pdf files below - the pages covered by each lecture are provided next to each lecture. For the syllabus and other details, visit the home page .

Lecture Notes

1. Introduction to Valuation (Updated for Spring 2023 class).
   
2. Part I: Discounted Cashflow Valuation: This is a pdf file and works well if you have an iPad or tablet to read it on If you have trouble printing this file, download the powerpoint file. You can then choose to print the slides, one to a page, two or a page, in note format or whatever your heart desires. (Updated for Spring 2023 class)
3. Part II: Relative Valuation and Private Company Valuation : This is a pdf file and works well if you have an iPad or tablet to read it on If you have trouble printing this file, download the powerpoint file. You can then choose to print the slides, one to a page, two or a page, in note format or whatever your heart desires. (Not yet updated for Spring 2023 class)
   
4. Part III: Real Options, Acqusition Valuation and Value Enhancement: This is a pdf file and works well if you have an iPad or tablet to read it on If you have trouble printing this file, download the powerpoint file.You can then choose to print the slides, one to a page, two or a page, in note format or whatever your heart desires. (Not yet updated for Spring 2023 class).
   
5. Part IV: Closing Presentation

Webcasts

1. Streaming video (The file will be streamed to your computer. This will work only if you have a good internet connection, but should be of the best quality and the most information)
   
2. Video podcast (The file will be downloaded to your computer and you can watch the video using Quicktime or video software or on your iPod)
   
3. Audio podcast (The .mp3 file will be downloaded as an audio file and can be played on any audio player). The AV system used to record the lectures has changed and I think it is much improved.
   
4. YouTube videos (if you have slower internet connection and/or a small device).
   The prior semester's webcasts can be found here.

Options for following class

You can follow this class on YouTube. I have created a playlist for the class, where the sessions will be posted sequentially with links to slides and other material.

Finally, you can read the emails that I send to the class by this link.