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Engaging conversation.

We are valuation nerds; we love this stuff. We like to share what we’ve learned and what we are thinking. This place is where we jot down our thoughts and those of our colleagues. Enjoy it. Learn something from it. Better yet, participate and comment.

Most Recent Articles

Reed and Brustkern to speak at Thunderbird

2 Sep 2008 | Announcements

Chuck Reed and Bo Brustkern will participate in two interactive classroom discussions at the Thunderbird School of Global Management tackling the two-part issue of modeling and valuing volatile enterprises in uncertain conditions. The discussions will take place Friday, September 5th in the classroom of Dr. John Mathis; and Saturday, September...
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Excellent CFO.com article on 157

2 Sep 2008 | Fair Value (FAS 157)

Alrighty, folks. Here's a great article on SFAS 157. Now, if all we did was link to the myriad pieces relating to SFAS 157, we'd have little time to value companies. In the words of David Katz, Fair Value has "achieved the improbable feat of making front-page news." Sensationalism aside,...
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Dan Primack puts 157 on trial

5 Aug 2008 | Fair Value (FAS 157)

Dan Primack of PE Hub / PE Week Wire fame recently put FAS 157 on trial. Read his short account here. I'm afraid we've been to (and participated in) too many sessions with the same topic and nowhere near the entertainment value. Cheers to Dan for making a sobering topic...
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Hodgkin to speak on valuation

16 Jul 2008 | Fair Value (FAS 157)

Alex Hodgkin, Managing Director of Arcstone Partners, will participate in a panel discussion alongside co-panelist Tom Miller, Managing Director of Quist Valuation, to tackle issues of Fair Value and financial reporting. James Beck of the Mayfield Fund will moderate the discussion. The panel will take place Friday, July 18 at...
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Why the Option Pricing Method trumps the Current Value Method

1 Jul 2008 | Common Stock (123R & 409A)

The Option Pricing Method has complicated the lives of valuation analysts industry-wide. Most likely you, I and all of our peers for so many years have considered the Current Value (CV) method to be the tried-and-true standard of valuation. Sadly, this is no longer the case. To level-set, the CV...
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