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In this, the first session of the valuation class, I told you that that this was a class about valuation in all of its many forms – different approaches (intrinsic, relative & contingent claim), different forums (for acquisitions, value enhancement, investing) and across different types of businesses (private & public, small and large, developed & emerging market). I also laid out the broad themes in the class - that valuation is a craft (that requires constant work), that valuing something can yield a different number from pricing that same thing, that a good valuation is a bridge between stories and numbers and finally, that acting on a valuation requires faith. Start of the class test: https://pages.stern.nyu.edu/~adamodar... Syllabus: https://pages.stern.nyu.edu/~adamodar... Post class test: https://pages.stern.nyu.edu/~adamodar... Post class test solution: https://pages.stern.nyu.edu/~adamodar...