Andrew Greta's Business Development Blog

Here's another piece from the archives providing a basic primer on EVA (a performance metric that calculates the creation of shareholder wealth as opposed to accounting income). While the translation from GAAP accounting to the language of value creation can be tricky, EVA targets the heart of fundamental value creation which is the key to successful long-term sustainable business development deals.

Labels: Finance, Valuation

I recently came across the "farewell" piece I wrote for TheStreet.com as I gave up my Contributing Editorship to pursue the finance side of the business as a full-time career in 1999. During the height of the Dot-Boom I rang the warning bells of a bad storm a-rising as a parting shot to the market "geniuses" who couldn't go wrong -- then spent and leveraged accordingly. Now at the end of what can only be termed The Dead Decade (cash in coffee can would have likely outperformed most asset classes since 2000) as families struggle under the weight of foreclosures and mounds of debt collapsing under a crumbing foundation of decimated assets it's an eerie echo of our collective hubris.

"The Death of Value?"

Labels: Investments