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Narrative and Numbers

The Value of Stories in Business
in: Investing
Summary:

The book bridges the gap between storytelling and quantitative analysis, arguing that successful valuation of a business requires both a compelling narrative and sound numbers. It provides a framework for constructing a narrative around a company's value and then using financial tools to convert that story into an actual valuation.

Key points:

1. Storytelling's Role in Business: Damodaran highlights the impact of a credible, number-backed narrative on a company's perceived value.

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