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The Theory of Investment Value


Author: John Burr Williams

Year Printed: 1997

eBook: None

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Notes: Originally published in 1938; paperback

"Williams combined original theoretical concepts with enlightening and entertaining commentary based on his own experiences in the rough-and-tumble world of investment."

Williams' discovery was to project an estimate that offers intrinsic value and it is called the 'Dividend Discount Model' which is still used today by professional investors on the institutional side of markets.