Acknowledgments

Ifirst want to thank my wife, Anne, for her patience and critical eye in helping me develop and especially edit this book. I also want to thank those who provided important feedback as I evolved this work from theory to working paper to article to book.

It starts with Bob Bruner, who is now dean of the Darden Graduate School of Business Administration at the University of Virginia, who was my finance professor. His incredibly engaging case method teaching of finance sparked my initial interest in mergers and acquisitions that eventually led to this book. Back in 2006, he also took the time review my initial few pages of notes, formulas and charts, and encouraged me to pursue my research. Bob referred me to Ken Eades, also at Darden, who was very generous with his time and offered me early encouragement and feedback as I moved my research from notes to working paper to article.

Don Chew, editor of the Journal of Applied Corporate Finance (owned by Morgan Stanley and published by Wiley), not only published my article, but provided editing that made my original work so much better. John McCormack, associate editor of the Journal of Applied Corporate Finance, provided important critical feedback and suggestions as I developed my JACF article—all of which is now reflected in this book.

Roger Grabowski at Duff & Phelps, and coauthor of Cost of Capital: Applications and Examples (Wiley, 2010) took an interest in my work after reading the JACF article and subsequently ...

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