I was deceived by the book.I expected it to help me have a more critical look on buisness financials. Unless you have your maths fresh , algebra, statistic and regression analysis, this book won't bring much light to this topic. It is a a condense approach to stock and buisness valuation useful for students in buisness college.Valuation shouldn't be taken at face value, but as an approximate park where the ball is going to land! So much science for a rather poor yield indeed! To quote Joe Mansueti, founder of Morningstar: ' I learned about efficient markets and how collectively security analysis add little or no value'
To the credit of the auther, there is always something to learn like pearls here and there can be gathered. For purist of evaluaton, I have to admit, job well done! Yet I had to force myself to read it to the end.