Senin, 21 Mei 2012

Download PDF The Unthinkable: Who Survives When Disaster Strikes - and Why, by Amanda Ripley

Download PDF The Unthinkable: Who Survives When Disaster Strikes - and Why, by Amanda Ripley

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The Unthinkable: Who Survives When Disaster Strikes - and Why, by Amanda Ripley

The Unthinkable: Who Survives When Disaster Strikes - and Why, by Amanda Ripley


The Unthinkable: Who Survives When Disaster Strikes - and Why, by Amanda Ripley


Download PDF The Unthinkable: Who Survives When Disaster Strikes - and Why, by Amanda Ripley

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The Unthinkable: Who Survives When Disaster Strikes - and Why, by Amanda Ripley

Review

"A fascinating and useful new book.” —The New York Times “The thinking person’s manual for getting out alive.” —NPR "Ripley is a voyeur on a mission...Her conviction: We’d all stand a better chance of surviving a disaster if we understood what happens to our little gray cells when things get ugly....Spiced with surprising factoids, this book might save your life one day.” —Bloomberg News “The Unthinkable is part study of the science of reaction to extreme fear, part indictment of the US government’s response to the terrorist threat, part call to arms....The end result is a fascinating book....Despite its title and its subject matter, The Unthinkable is an optimistic… —The Times of London “Engrossing and lucid...An absorbing study of the psychology and physiology of panic, heroism, and trauma...Facing the truth about the human capacity for risk and disaster turns out to be a lot less scary than staying in the dark.” —O, The Oprah Magazine"This is a book with a purpose, meant to change things."—Rob Hardy, The Commercial Dispatch“Amanda Ripley takes us on a sometimes stunning, sometimes sobering journey through disaster, using great stories and respected science to show why some prevail and others do not.  The Unthinkable isn’t merely a book about disaster; it’s a book about survival — maybe yours.”   ——Gavin de Becker, author of the New York Times bestseller The Gift of Fear“With The Unthinkable, Amanda Ripley succeeds in two different ways. First, she covers, with great clarity and accuracy, the science of how the body and mind respond to crisis. In the process, she prescribes certain actions that will increase the chances of surviving a disaster. But it’s the second aspect, the stories, that makes the book so compelling. These tales leave your viscera enflamed because they compel two questions: ‘What would it feel like to go through that?’ and ‘Would I do the right thing and survive?’ This is an irresistible book.”—Robert M. Sapolsky, John A. and Cynthia Fry Gunn Professor of Biological Sciences and Professor of Neurology and Neurological Sciences at Stanford University“The Unthinkable is the most magnificent account of a survivor’s mind that I have ever read. It has helped me know and accept some of my reactions during my 72 day ordeal in the Andes. I can now understand how fear motivated me, and how denial also played a part. This book will help those who’ve never faced disaster to understand their own behavior and be prepared should their luck run out one day.”—Nando Parrado, New York Times bestselling author of Miracle in the Andes“The Unthinkable reveals why, under the same circumstances, some people caught up in a disaster survive and others do not. Why some are hopelessly immobilized by fear and crippled by panic, and others are filled with strength, endurance, reactions and the other intrinsic stuff of which Homeric heroes are made. How can we ensure which we will be? In her well-crafted prose, Amanda Ripley shows us all how to prepare to meet danger and increase our chances of surviving the unthinkable.” —Bruce Henderson, New York Times bestselling author of Down to the Sea and True North“When a disaster occurs we invariably learn the "what" of the event -- how many died, how many survived. Amanda Ripley’s riveting The Unthinkable provides genuine insight into the "why" behind the numbers. This remarkable book will not only change your life, it could very well save it.”—Gregg Olsen, New York Times bestselling author of The Deep Dark: Disaster and Redemption in America’s Richest Silver Mine“Ever fantasize about what you would do in a disaster? How would you survive? How would you behave? After interviewing survivors of the World Trade Center attack, Amanda Ripley sifted through amazing tales of survivors from other disasters and mined various sociological, psychological, and neurological studies. Her insights are absolutely fascinating, and they could come in handy one day.”——Walter Isaacson, author of the New York Times bestsellers Einstein: His Life and Universe and Benjamin Franklin: A Life, and Vice-Chairman of the Louisiana Recovery Authority"Rich in information about the subconscious ways we face danger. In the event that someday you face a sudden life or death situation, reading this book will increase the odds that the outcome will be life."——David Ropeik, author of Risk!: A Practical Guide for Deciding What’s Really Safe and What’s Really Dangerous in the World Around You“Reading The Unthinkable will be life-changing.  We live in an age of anxiety that has too many of us rocked back on our heels.  Once you’ve feasted on the rich insights and wisdom of this remarkable book, you’ll be standing tall again.  While our politicians and media have been keen to exploit and fan our worst fears, Amanda Ripley makes clear that individually and collectively we can meet head-on the hazards that periodically befall us.  We need not be afraid!”——Stephen Flynn, Senior Fellow for National Security Studies, Council on Foreign Relations, and author of The Edge of Disaster: Rebuilding a Resilient Nation“The Unthinkable is a fascinating, in-depth look at human behavior under extreme pressure. Its gut-wrenching stories span the full spectrum of action under duress, from panic to heroism. Not only is this book fast-paced and engrossing, it’s illuminating.” ——Michael Tougias, author of Fatal Forecast: An Icredible True Tale of Disaster and Survival at Sea“Amanda Ripley has written a smart, poignant account about the dramas of the existential moment in this new century. She is a provocative voice of a new generation of writers and thinkers whose grasp of daily events and global disaster is piquant, engrossing, and syncretic. Above all, she makes sense of life today in an entirely entertaining and accessible way-- all with a brimming dollop of optimism. If you ever wondered, ‘What would I do if the unthinkable happened to me,’ you hold the answer in your hands.”—Doug Stanton, author of the New York Times bestseller In Harm’s Way: The Sinking of the USS Indianapolis and the Extraordinary Story of Its Survivors "A must read. We need books like this to help us understand the world in which we live.”—Nassim Nicholas Taleb, author The Black Swan and Fooled By Randomness

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About the Author

AMANDA RIPLEY is a senior writer for Time magazine.

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Product details

Paperback: 288 pages

Publisher: Harmony; Reprint edition (June 16, 2009)

Language: English

ISBN-10: 0307352900

ISBN-13: 978-0307352903

Product Dimensions:

5.3 x 0.6 x 8 inches

Shipping Weight: 8.8 ounces (View shipping rates and policies)

Average Customer Review:

4.6 out of 5 stars

371 customer reviews

Amazon Best Sellers Rank:

#23,176 in Books (See Top 100 in Books)

"The Unthinkable" by Amanda Ripley is a fascinating study of human behavior in disasters with an applied psychology bent. As a long time safety professional, largely in the aviation industry, I appreciated her candor and insights into human reactions during time-critical situations. She calls on accidents and incidents from every walk of life, from aircraft accidents and fires, to hostage situations and terrorism.The book thematically explores what she chooses to term the "survival arc," an arc consisting of denial, deliberation, and the decisive moment. In my studies of aviation incidents, I can attest to the general applicability of this model to almost every accident or incident, but had never seen it so well analyzed in such numerous differing examples.The book opens with the explosion of the "Mont Blanc" in Halifax, and subsequently uses other examples such as the terrorist attacks on September 11, 2001, and the Beverly Hills Supper Club fire (p.108,) one of the best examples I have ever seen of human behavior and the nature of panic in crowds. One of the strengths of the book is Ripley's excellent discussion of panic, paralysis, and heroic responses. Sometimes all three behaviors can be seen in a single accident, and diverse examples of all three are provided.Ripley discusses the importance of always making an emergency plan (p.183,) which she emphasized using the example of the Air Florida 737 crash in the Potomac river. Ripley also discusses several barriers to better preparedness, including the huge fear of legal liability (p.211) that is especially rampant in America today.The book is geared to the non-specialist and is accessible to anyone with an interest in the subject. I recommend a thorough reading of the notes and selected bibliography sections, as much further excellent reading is revealed and discussed there. While many of the concepts that Ripley discusses are common sense, some are not widely known outside of safety circles, and I recommend this book to both safety specialists and people interested in improving their odds of survival in a sudden catastrophe.I think that Ripley has done the world a great service by writing such an accessible, interesting, informative, and well-illustrated book on such a vital topic, and I recommend it highly to everyone.

Recently this book was recommended at a risk management lecture, my company provided. I have to admit some of the one star ratings put me off a bit - then I really read the book.Yes, there are some stories that are a little disjointed, but they are the exception and require careful reading, not just "content scanning" to speed through the book.One of the most important lessons to take to heart is the author's assertion that safety people often protect us from danger - by refusing to "scare" us with the truth. All to often fear of scaring people is counterintuitive for survival.Working in the airline industry I saw several truths in the book about safety. I also saw the hard facts about survivors - they were often the rare person who listened to the safety briefing, listened to the flight attendant briefing and didn't try to save their carry-on bag, at the expense of their and others lives.As a survivor I saw many traits listed in this book that offered me reasons for my own survival. I hope others will seriously consider this a book worth reading.

Ripley investigates a range of disasters and tragedies – natural and man-made – with an eye toward her sub-titular question of who survives and why. Of course, in the process she answers the [often more interesting] converse question of who dies and why? By that I’m specifically referring to those who die while facing the same situations as survivors. i.e. Who dies having had the capacity to survive? Obviously, some people fail to survive because they face a fundamentally unsurvivable event (e.g. a plane explodes in mid-air with said person in it), but a surprising number die who could have walked to safety if they’d have managed to get moving – and some die because they play out a mental script that makes no sense contextually, e.g. trying to get a carry-on out of the overhead compartment as though one is at the gate at Heathrow Airport when in fact one is sinking into the ocean while the crashed airliner one is in is being buffeted by ocean waves.Over the course of eight chapters, an introduction, a conclusion, and ancillary material, the author presents cases involving airplane crashes, tsunami, hurricanes, police shootings, hostage situations, fires, stampedes (of humans by humans), and even touches on the psychology of tragedies of a personal [rather than mass] nature (e.g. sexual assault.) A particular emphasis is given to events that the reader will likely be familiar such as 9/11 and Hurricane Katrina, but the book also opens up the reader to events they may have scarcely heard of from the many crushing deaths in Mecca during recent Hajj pilgrimages to the Halifax harbor incident of 1917. Along the way, the reader hears from survivors, heroes, and a wide-range of experts on subjects such as gunfights, risk perception, evacuation dynamics, the physics of crowds, evolutionary psychology, and emotional resilience.After an introduction that sets the context for the book, the first chapter discusses one of the most salient features of whether ones lives or dies, delay. The case of the evacuation of the World Trade Center on September 11, 2001 is used to examine why some people loiter about while others are johnny on the spot to hit the road. The World Trade Center on 9/11 makes an interesting case because there were certainly people who died who could have survived if they’d had better knowledge or training. However, at the same time, it could have also been vastly worse if some of the people didn’t have the training they did (famously, a huge WTC tenant, Morgan Stanley, had a man in charge of emergency procedures, Rick Rescoria, whose persistent drills no doubt saved many lives [though he did not survive, himself.])Chapter two discusses risk, and the weird way in which human beings perceive and respond to uncertainty. For example, the author describes Kahneman and Tversky’s Prospect Theory, which showed that a person responds to risk much differently if there’s a possibility of losing something rather than only of making gains. (Prior to work of these two social scientists, the prevailing view was that humans were rational actors, i.e. a $100 is a $100.) Prospect theory confirmed that anxiety mattered, and people didn’t just use their clockwork frontal cortex to calculate and compare expected values. (This may seem self-evident, but it began the process of up-ending the precise and predictable rational actor model from classical economics.)Chapter three is entitled “fear” and it discusses that emotion and the various behaviors (and lack of behavior) that goes hand-in-hand with it, including: distortion of the experience of time, tunnel vision, and self-talk. (Panic and paralysis behaviors are each given their own chapter later in the book.) This chapter presented a fascinating discussion with a man who may have been involved in more shoot outs than any other police officer (the officer, no doubt, having a valuable perspective on how to respond in fearful situations.)Chapter four is about the personality traits that link to resilience and the survivor personality. There is a fascinating discussion with an undercover agent in Israel, a man who faced a number of situations in which he had to coolly make a life-or-death decision in the way that most of us only experience in Hollywood movies. It should be pointed out that while we all admire such people when they save the day, the personality traits they display aren’t necessarily ones that we find desirable in daily life. Chapter five is entitled “groupthink” and it discusses the role that social dynamics play in survival, which is often considerable. Some survivors are people who would’ve perished if left to their own devices – i.e. if a more resilient stranger hadn’t taken them by the hand or shouted in their face.The last three chapters discuss three relatively common behaviors that occur in the decisive moment of a tragedy. Chapter six discusses panic behavior. As it happens, there are some types of tragedies in which panic is almost unheard of and others in which it is nearly ubiquitous. Personality does play a role. Just as some people have personality traits that make them more resilient, others have traits that make them more likely to panic. However, researchers also found that there are characteristics – e.g. people feeling trapped but as if there’s a glimmer of hope of escape. [People who know they are unequivocally doomed are often surprisingly calm.] The chapter also offers some useful insights into how crowds kill people that may be useful for those who find themselves in massive crowds like those seen during pilgrimages or at any number of festivals in India (where human stampede deaths are disturbingly common.)Chapter seven is about “paralysis” behavior. Readers may be familiar that there’s been a tendency of experts to add either one or two new “F’s” to the phrase “fight or flight” – such as “freeze” or “fright” – to describe other extremely common responses to severe sympathetic nervous system engagement. It’s common to dismiss such behavior as that of cowardly or milquetoast people, but the reality is more complex. On the evolutionary timescale, there was one tragedy that counted for an overwhelming percentage of such dire events -- being in the jaws of an apex predator. It turns out that if a grizzly bear or lioness is atop you, freezing isn’t a bad strategy. You aren’t going to pop up and out run a tiger or defeat it in unarmed combat, your only hope may be to make it think you are a diseased carcass – i.e. shit yourself and lie limply. One has to train alternative behaviors; otherwise, the body does what is evolutionarily programmed into its genetic code.The last chapter is on heroic acts and why some people engage in them when most people don’t. (Consider the people in the Titanic lifeboats who listened to people struggle and drown for fear that their [almost empty] boat would be swamped with clawing victims. Or, the case of Catherine Genovese who was screaming bloody murder for half-an-hour while being raped and stabbed to death while none of the 40-ish witnesses so much as called the cops.) As with the question of what makes a survivor, the answer to what makes a hero is a mixed bag. While we tend to idolize people who engage in heroic actions, the evidence suggests that the image of pure beneficence – lacking all self-interest – may be mythical. Many a hero is as much responding with a combination of subconscious mind and genetic programming as is the individual who burns to death 100 feet from an unlocked exit – just to vastly greater adoration.I found this book to be fascinating. There are many books on this topic, but I think the author did an excellent job of choosing cases and experts to produce an interesting and informative read -- even for a reader for whom this literature is not new.

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Sabtu, 19 Mei 2012

PDF Ebook , by Lian Quan Zhen

PDF Ebook , by Lian Quan Zhen

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PDF Ebook , by Lian Quan Zhen

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Product details

File Size: 91599 KB

Print Length: 128 pages

Publisher: North Light Books (August 2, 2013)

Publication Date: August 2, 2013

Sold by: Amazon Digital Services LLC

Language: English

ASIN: B00FM89LQY

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Amazon Best Sellers Rank:

#316,625 Paid in Kindle Store (See Top 100 Paid in Kindle Store)

 This book from artist and teacher Lian Quan Zhen is a guide on combining traditional Chinese painting and modern watercolour techniques. An interesting premise.The book includes 12 demonstrations and 17 step-by-step tutorials. Those examples are quite detailed and you can clearly see what's going on. Quite amazing to see how he turns mundane looking reference photos into beautiful works.With Chinese painting, rules are more relaxed. For instance, there's no so called perspective points, or even vanishing lines. Modern watercolour techniques are more of representational drawings, and focus on getting the proportions right. Of course, within each style, there are many other details like the tools you use, how to handle brushes. All those are mentioned in the book.It's refreshing to see how a scene is interpreted with Chinese painting methodology, and using that mindset to draw from observation. For example while Chinese painters would pour black into to make masses, watercolours can also be mixed and poured. What the author says about spontaneous style is true. It's important to break out of the comfort zone and try new methods. With representational drawing, it can be sometimes difficult because you want to capture what you see, at least with the right proportion.The downside of the book is sometimes the examples are not so clear cut as to the combination of techniques. Well, the Chinese paintings fused with watercolours are alright. As for the some of the modern watercolour paintings examples, it's difficult to see that they are Chinese influenced or made with Chinese painting techniques. At times, it's hard to feel the spontaneity of the Chinese style. I'm saying this because I've seen that kind of spontaneity in an artist friend who mixes the East and West style brilliantly, combining colours with bold blacks (watercolour artist seldom use black), using flat washes or dry brush effortlessly in the same painting. You actually have to see it to realise that this kind of combination techniques are actually possible.Also, Chinese paintings are sometimes quite minimalistic, but most of the examples are the fill-the-page type. I wish there were more coverage on using white space.Overall, it's still an interesting book to get if you want to learn and practice some Chinese paintings techniques for your watercolours. I recommended it to artists who are more adventurous and don't mind some experimental fun.(There are more pictures of the book on my blog. Just visit my Amazon profile for the link.)

I was so anxious to see this book that I pre-ordered it months before it was released. There are many interesting facts in the book, particularly the descriptions of the different styles of Chinese history and their origins ... but the instructive portions of the book were not as helpful as I had hoped. It is still worth reading and Zhen is a truly gifted artist but it is not as instructive for artists as I expected.

I've been checking out his other books from the library. The libraries near me, in Los Angeles, only have only the digital version for this edition. I like looking at the actual book, so I have decided to order it.

I purchase one other book from this artist and liked his painting technique.Great book for learning landscape painting.

Liam never disappoints. He does everything with flair and beauty. The combination of watercolor and Chinese brush painting is fabulous and the readers is left wanting to try duplicate each and every page. He gives detailed instruction and makes the reader feel they too can do this. Love his work and thankful for yet another beautiful book.

I love Chinese landscape. The book teaches painting techniques in great detail. It has many lovely paintings and painting lessons from the author. It really makes me want to just learn all I can to be able to do something like these.

This may be my favorite painting book by Llian Quan Zhen. Beautiful examples and clear instructions.

Having been a student of Zhen's at a workshop, reading this book is a visual reminder of the techniques that I learned. Zhen is gifted and provides good instruction and techniques.

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Senin, 07 Mei 2012

PDF Ebook Investment Banking: Valuation, Leveraged Buyouts, and Mergers & Acquisitions

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Investment Banking: Valuation, Leveraged Buyouts, and Mergers & Acquisitions

Review

From the Foreword “Rosenbaum and Pearl succeed in providing a systematic approach to addressing a critical issue in any M&A, IPO, or investment situation—namely, how much is a business or transaction worth. They also put forth the framework for helping approach more nuanced questions such as how much to pay for the business and how to get the deal done. Due to the lack of a comprehensive written reference material on valuation, the fundamentals and subtlety of the trade are often passed on orally from banker-to-banker on a case-by-case basis. In codifying the art and science of investment banking, the authors convert this oral history into an accessible framework by bridging the theoretical to the practical with user-friendly, step-by-step approaches to performing primary valuation methodologies.” –Joseph R. Perella, Chairman and CEO, Perella Weinberg Partners Praise for the Book "Investment Banking provides a highly practical and relevant guide to the valuation analysis at the core of investment banking, private equity, and corporate finance. Mastery of these essential skills is fundamental for any role in transaction-related finance. This book will become a fixture on every finance professional's bookshelf." —Thomas H. Lee, President, Lee Equity Partners, LLC Founder, Thomas H. Lee Capital Management, LLC "This book will surely become an indispensable guide to the art of buyout and M&A valuation, for the experienced investment practitioner as well as for the non-professional seeking to learn the mysteries of valuation." —David M. Rubenstein, Co-Founder and Managing Director, The Carlyle Group "As a practitioner of hundreds of M&A and LBO transactions during the last 20 years, I recommend this book to advisors, financiers, practitioners, and anyone seriously interested in investment transactions. Rosenbaum and Pearl have created a comprehensive and thoughtfully written guide covering the core skills of the successful investment professional with particular emphasis on valuation analysis." —Josh Harris, Managing Partner, Apollo Management, LP "Valuation is the key to any transaction. Investment Banking provides specific step-by-step valuation procedures for LBO and M&A transactions, with lots of diagrams and numerical examples." —Roger G. Ibbotson, Professor in the Practice of Finance, Yale School of Management Chairman & CIO, Zebra Capital Management, LLC Founder & Advisor, Ibbotson Associates, a Morningstar Company "Investment banking requires a skill set that combines both art and science. While numerous textbooks provide students with the core principles of financial economics, the rich institutional considerations that are essential on Wall Street are not well documented. This book represents an important step in filling this gap." —Josh Lerner, Jacob H. Schiff Professor of Investment Banking, Harvard Business School, Coauthor, Venture Capital and Private Equity: A Casebook "Rosenbaum and Pearl have written the ultimate nuts and bolts guide for valuation. It is the book that every business student should study and every investment banker should use." —Steven Davidoff, Associate Professor, University of Connecticut School of Law The Deal Professor, The New York Times

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From the Inside Flap

In the constantly evolving world of finance, a solid technical foundation is an essential tool for success. Due to the fast-paced nature of this world, however, no one has been able to take the time to properly codify the lifeblood of the corporate financier's work-namely, valuation. Rosenbaum and Pearl have responded to this need by writing the book that they wish had existed when they were trying to break into Wall Street. Investment Banking: Valuation, Leveraged Buyouts, and Mergers & Acquisitions is a highly accessible and authoritative book that focuses on the primary valuation methodologies currently used on Wall Street—comparable companies, precedent transactions, DCF, and LBO analysis. These methodologies are used to determine valuation for public and private companies within the context of M&A transactions, LBOs, IPOs, restructurings, and investment decisions. Using a step-by-step how-to approach for each methodology, the authors build a chronological knowledge base and define key terms, financial concepts, and processes throughout the book. They also provide a comprehensive overview of the fundamentals of LBOs and an organized M&A sale process. In the aftermath of the subprime mortgage crisis and ensuing credit crunch, the world of finance is returning to the fundamentals of valuation and critical due diligence. This involves the use of more realistic assumptions governing approach to risk as well as a wide range of value drivers. While valuation has always involved a great deal of "art" in addition to time-tested "science," the artistry is perpetually evolving in accordance with market developments and conditions. In this sense, this book is particularly topical-in addition to detailing the technical fundamentals behind valuation, the authors infuse practical judgment skills and perspective to help guide the science.

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Product details

Hardcover: 304 pages

Publisher: John Wiley & Sons; 1st edition (May 4, 2009)

Language: English

ISBN-10: 0470442204

ISBN-13: 978-0470442203

Product Dimensions:

7.3 x 1.1 x 10.3 inches

Shipping Weight: 1.7 pounds (View shipping rates and policies)

Average Customer Review:

4.8 out of 5 stars

397 customer reviews

Amazon Best Sellers Rank:

#652,279 in Books (See Top 100 in Books)

Great book that walks you through IB step by step. It even helped me during an interview when they asked me about Enterprise Value. A CAUTION, however--this book is much better as review during or after business school, or after you've started working in finance. If you know nothing about finance, it's probably not the best to jump into this book cold-turkey.

The meat of this book is a how-to on LBO model construction. It even includes a sample LBO model which is well constructed and will give some insights not only into Excel, but also into the economics of an LBO. However, I do think it is important to say that being able to build an LBO model isn't really the holy grail of valuation, it is more something to have in your toolkit after learning the fundamentals. If you are an analyst and you just have to know how to create an LBO model, get this book, it will certainly teach you how in a quick period of time. If you are looking to learn valuation, start elsewhere and come back to this later.

Great book for anyone interested in breaking into investment banking. This is only one of several tools to assist in the job search process but it enables you to talk intelligently about the industry.I loved the simplicity of the language and the focused nature of the book, you develop the right approach to answering questions.

As a first book on finance I would imagine this book would be a bit much. As someone with prior exposure and wanting both a good thorough review and deep dive on the basics - enterprise value, working capital, comparables, precedent transactions, DCFs, and LBOs it was perfect.Initially I had planned to read this twice - once for an overview and then a second time taking notes to prep for some upcoming interviews. However, the way the authors organized and presented the material made the second reading and extensive note taking largely unnecessary. Each chapter starts with an overview of the methodology being discussed including key concepts, when its used in practice and the actual steps required to perform the analysis. Then, the authors go into a thorough discussion of each step from a practical perspective on how to actually do it in practice. Finally, they work through a real world example building the actual model complete with downloadable excel models. The detail here is way beyond anything I've ever seen in any textbook before. For example, the authors will actually walk you through how to setup your spreadsheets and configure excel so that you can more easily perform sensitivity analysis on the key variables affecting the valuation.Some may find the multi-tiered approach used for each chapter a bit tedious but the great thing about this methodology is that its quite easy to go back and quickly review the key steps for each analytical tool. Plus, by going progressively deeper through each major topic one feels completely immersed in it and much more at ease with the subject matter than a traditional MBA style textbook on finance that's heavy on theory but severely lacking on how to perform the analysis in practice. Likewise, those readers preferring to stay in the clouds may not appreciate the gory details on how its used in practice.My only minor issue is that evidently teachers have access to a database of 300 or so questions with answers. As someone using the textbook for self study, I wished this was available to the rest of us.

The best book for valuation on the market, Investment Banking makes concept easy to understand with great examples which lead the student from start to finish. I used this book in my Mergers and Acquisitions class over the text which was assigned, because it was so much better than anything else on the market.

One of a kind investment banking book. Very practical and useful.

This book covers everything you need to know in order to get started with valuation and the M&A process. If you are someone who has no idea how M&A works or what it is, this book will have you covered in every aspect. It is very detailed and comprehensive, and thus takes time to absorb, but it has 2 semester's worth of information in it which makes it all the more valuable. Also, there are links to the Excel sheets used to perform the analyses mentioned in the book. Excel is heavily used in this industry and knowing how to actually perform the functions is a valuable skill to have.

I have an MBA in finance and found this book to be much more practical in its instruction of financial valuation methods than any of my MBA text books ever were. I purchased it with the intention of getting a quick and, above all else, PRACTICAL refresher on various valuation methods as I am currently interviewing for equity research positions, and it certainly did not disappoint. It is written in a very easy to understand style (unlike most academic textbooks) and walks you through step-by-step examples of how to value a company under various valuation methods. The positive reviews on Amazon are spot on... I highly recommend!

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