Customer Reviews

Valuing Technology: The New Science of Wealth in the Knowledge Economy (Wiley Finance)

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This is a courageous and insightful book which should be required reading for all Big-5 accountants. Westland shows how the breakdown in accounting's ability to deal with the new economy undermines investment decisions, and fosters an environment of skepticism and deceipt.

The book is written in an engaging style, and surveys current strengths and shortcomings in the tools of financial analysis when applied to technology stocks. At points, the mathematics are complex, but only as much as he needs to state his case. I think Westland's explanations of the way technology companies are different than industrial firms are accurate. They provided me with insights that I have not seen anywhere else. The book falls short in describing how to value technology stocks, which is a weakness. On the other hand, there is enough new material in the book to make it worth its price

Dr. Westland's book Valuing Technology provides unique explanations for the dot-com bubble, and for the chaos in tech markets. Both this and his sequel, Financial Dynamics offer important contributions to the study of investment valuation

This is an interesting book that helped me to understand why accounting and Wall Street have grown corrupt. Along with caveats, the author describes changes in accounting and finance that would help to improve the performance of the finance community in meeting investor's needs.

This is a courageous and insightful book which should be required reading for all Big-5 accountants. Westland shows how the breakdown in accounting's ability to deal with the new economy undermines investment decisions, and fosters an environment of skepticism and deceipt.