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Business Valuation Dictionary

Detail Explanations to last week's quiz questions

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  • Accounting numbers are the beginning, not the end, of business valuation

    Warren Buffett
  • The cost and value of an asset are two totally unrelated bed-fellows

    Dr. Bennet Kpentey
  • Sometimes the most helpful advice you can give a client is the truth

    C. Zachary Meyers
  • Price is what you pay, value is what you get

    Warren Buffett
  • Valuing a business is part an art and part a science

    Anonymous
  • A ridiculous valuation can turn off an investor

    Anonymous
  • You would only do something positive with your time if you value time

    Anonymous
  • Consistently fair and honest professional services performed by an unimpeachably neutral expert over time will open doors to opportunities where being neutral is not only desirable, but a prerequisite

    C. Zachary Meyers
  • If you have rights over an intangible asset, then it has value which can be unearthed.

    Dr. Bennet Kpentey
  • Valuers unearth value based on facts

    Anonymous
  • Business efficiency and high value are interconnected

    Anonymous
  • Focus only on the tangible asset and you would miss the true value of a business

    Anonymous
  • Without an underlying tangible asset, an intangible asset will not arise.

    Anonymous
  • The value of a business is driven by facts, not an opinion

    Anonymous
  • Fair value and fair market value cannot be the same; one is for the courts

    Dr. Bennet Kpentey
  • I see value when others see cost. What are they missing?

    Anonymous
  • You miss a big point if you argue that the price is the value

    Anonymous
  • The value of a business is driven by the future cash potential

    Anonymous
  • Business valuation is not based on value judgement

    Anonymous
  • Investment students need only two well-taught courses - how to value a business and how to think about market prices

    Warren Buffett
  • The vertical height above your house has value. Just get a height permit

    Anonymous
  • I am running to business valuers. I am tired of my revenue and costs. I need value

    Anonymous
  • Valuation that is not backed by a story is both soulless and untrustworthy. We remember stories better than spreadsheets.

    Aswath Damodaran
  • There is nothing like starting your Monday off with an e-mail containing a small novel written by some PhD being paid $1,000 an hour to issue a rebuttal to your unimpeachably neutral expert opinion

    C. Zachary Meyers

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