Friday, September 10, 2004

Opler, Damodaran, Copeland, and other experts on valuation

FMA Online, Spring, 2004

It really doesn't get much better than this! Tim Opler, Aswath Damodaran, and Tom Copeland speaking on valuation. The presentations (video, powerpoint, and documents) are from last year's FMA conference in Denver.

The real short version of the presentations is that while Discounted Cash Flow Analysis (DCF) is the theoretically correct way to value a firm, most people use some comparable valuation model (AKA relative valuation model).

Why the difference?

DCF is more 1. assumption dependent 2. difficult 3. risky 4. prone to overly optimistic valuations

Each video is about 30 minutes long. The links to the powerpoint slides etc are all on the Spring 2004 FMA Online site.

Tim Opler's video, Aswath Damodaran's video, Tom Copeland's video

Absolutely GREAT.

Yeah I know I have linked to this before, but this week in class we are doing valuation so a repeat performance is well worth the price of admission! (Sure it is free, but it is worth MUCH more!!!)

BTW if you are in my class, listen/watch either the Opler or Damodaran video!!!!

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