Prof Aswath damodaran is an authority on Corporate Finance, sharing his latest post where he defines why we should welcome the Uncertainty. If you can value companies early in the life cycle, you cannot do so with any degree of confidence. I concede that point, but that is exactly why I would try to value them!
I know that statement makes little sense, but to solidify my argument, take a look at the following list of five assets/entities and rank them on the basis of the confidence you will feel in valuing each one. Continue reading “Welcome the Uncertainty”