Several years back, I stumbled at an airport in Far East Asia on the book “Valuation: Measuring and Managing the Value of Companies “by Tim Koller, Marc Goedhart, David Wessels and McKinsey and Co. Now in its 8th Edition, it is a classic invaluable book in understanding valuation, value-creation and finance, a recommended text in top business schools around the world. Tim Koller, the Lead author, was recently interviewed by the Investor Podcast in an episode titled “First Principles of Valuation”.
Below are 10 Lessons spiced with my reflecti
