In this session, Aswath Damodaran started by looking at the sorry history of acquisitions to acquiring firms and then examine common errors in acquisition valuation.
Aswath Damodaran: Acquisition Valuation
Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have produced a 12.6% annualised return over the past 26 years. The funds added 7.7% overall in the second half of 2022, outperforming the 3.4% return for Read More