The Theory of Investment Value - Part I 📘

Welcome to this audiobook of "The Theory of Investment Value," by John Burr Williams! This audiobook will cover Part I of the book and is perfect for those looking to learn more about the basics of investment value. In this section, we'll discuss the concept of intrinsic value, the effects of interest and dividends, and the concept of time preference. We'll also cover the theories of capitalization and discounting, and the implications of both for investment value. So if you're looking to learn more about the fundamentals of investment value, this is the perfect audiobook for you!