Critical Look at using DCF for Valuations

Professor Damodaran has written a ton of articles about Discounted Cash Flow (DCF) analysis over the years.  I don’t think another website has as much information about valuation and DCF as on his blog – so it is a wonderful resource to visit and use for investors.  His latest blog post on DCF which defends the use of DCF as a valuation technique is a good topic.  Many investors have discredited the use of the DCF technique and Damodaran tries to initially cover some of these myths and focus on the critical use of DCF in valuing companies.  It...

Wealth of Data Provided by Aswath Damodaran

I was reading Aswath Damodaran’s blog about the dark side of numbers and began to look at the updated data sets that he provides for free on his data page site.  If you do not know who Aswath Damodaran is, he is a professor of finance at the Stern school of business at NYU.  He teaches classes on Corporate Finance and Valuation, and is pretty well known for his knowledge and studies on valuing businesses.  As I started to dig into the data that is provided on his page, I was amazed. First of all, you can visit his...