This book teaches that valuation is not just about math but also about story, context, psychology, and risk.
The reviewer found this book to be a transformative read, as it broadened their understanding of valuation beyond just mathematical calculations. They appreciate the book's emphasis on the broader context, including story, psychology, and risk, which are often overlooked in traditional valuation methods. The reviewer notes that this holistic approach has influenced their own investment strategies, making them more aware of the qualitative aspects of valuation. They highly recommend this book to anyone looking to deepen their understanding of investing.
Quick quotes
That's what this book taught me: valuation isn't just math. It's story, context, psychology, and risk.
And that's how I approach every deal.
The reviewer notes that this holistic approach has influenced their own investment strategies.