A Pragmatic Look at Valuation (Collection)

Download A Pragmatic Look at Valuation (Collection) PDF Online Free

Author :
Publisher : FT Press
ISBN 13 : 0133444015
Total Pages : 577 pages
Book Rating : 4.1/5 (334 download)

DOWNLOAD NOW!


Book Synopsis A Pragmatic Look at Valuation (Collection) by : Barbara S. Petitt

Download or read book A Pragmatic Look at Valuation (Collection) written by Barbara S. Petitt and published by FT Press. This book was released on 2014-05-29 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new collection of corporate finance best practices for establishing accurate valuations… 2 authoritative books, now in a convenient e-format, at a great price! 2 authoritative eBooks help you accurately value companies and assets for M&A, restructurings, and key corporate investments Valuation decisions can make or break the success of any merger, acquisition, restructuring, or large-scale corporate investment. Few areas of finance are so important -- or so challenging. This unique 2 eBook package brings together comprehensive and up-to-date guidance for arriving at valuations you can rely upon. Valuation: Methods and Models in Applied Corporate Finance is focused entirely on achieving useful results -- avoiding ivory-tower theory you don't need and elementary material you already know. George Chacko and Carolyn L. Evans present a 100% practical and rigorous approach to conducting valuation. Step-by-step, they address the projection of financial statements, calculating free cash flows, risk-adjusted cost of capital, and several leading methodologies, including WACC, flow-to-equity, and APV. Throughout, each concept is explained with realistic examples, and demonstrated with accessible math. No previous mathematical understanding is required beyond basic algebra, probability, and statistics: wherever more advanced math is required, the authors explain it fully. Next, in Valuation for Mergers and Acquisitions, Second Edition, Barbara S. Petitt and Kenneth R. Ferris present a complete, practitioner-oriented view of valuation in the context of M&A and corporate restructurings. Petitt and Ferris guide you through performing a target's financial review, developing forecasts, and assessing the sensitivity of these forecasts to key assumptions. You'll review both traditional and alternative valuation methods, from the basic P/E ratio to a wide range of discounted cash flow models, economic value analysis, and real option analyses. The authors also address closely-related issues such as accounting, financial reporting, and tax considerations. Throughout, you'll find realistic advice for making more informed choices, handling common dilemmas, and overcoming common errors -- all illuminated with real-world examples and illustrations. Whatever your role in establishing valuations or making corporate investment decisions, this collection will help you reduce your risks and improve your performance. From world-renowned valuation experts George Chacko, Carolyn L. Evans, Barbara S. Petitt, and Kenneth R. Ferris

A Pragmatic Look at Valuation (Collection)

Download A Pragmatic Look at Valuation (Collection) PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 433 pages
Book Rating : 4.:/5 (11 download)

DOWNLOAD NOW!


Book Synopsis A Pragmatic Look at Valuation (Collection) by : George Chacko

Download or read book A Pragmatic Look at Valuation (Collection) written by George Chacko and published by . This book was released on 2014 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new collection of corporate finance best practices for establishing accurate valuations ... 2 authoritative books, now in a convenient e-format, at a great price! 2 authoritative eBooks help you accurately value companies and assets for M & A, restructurings, and key corporate investments Valuation decisions can make or break the success of any merger, acquisition, restructuring, or large-scale corporate investment. Few areas of finance are so important -- or so challenging. This unique 2 eBook package brings together comprehensive and up-to-date guidance for arriving at valuations you can rely upon. Valuation: Methods and Models in Applied Corporate Finance is focused entirely on achieving useful results -- avoiding ivory-tower theory you don't need and elementary material you already know. George Chacko and Carolyn L. Evans present a 100% practical and rigorous approach to conducting valuation. Step-by-step, they address the projection of financial statements, calculating free cash flows, risk-adjusted cost of capital, and several leading methodologies, including WACC, flow-to-equity, and APV. Throughout, each concept is explained with realistic examples, and demonstrated with accessible math. No previous mathematical understanding is required beyond basic algebra, probability, and statistics: wherever more advanced math is required, the authors explain it fully. Next, in Valuation for Mergers and Acquisitions, Second Edition, Barbara S. Petitt and Kenneth R. Ferris present a complete, practitioner-oriented view of valuation in the context of M & A and corporate restructurings. Petitt and Ferris guide you through performing a target's financial review, developing forecasts, and assessing the sensitivity of these forecasts to key assumptions. You'll review both traditional and alternative valuation methods, from the basic P/E ratio to a wide range of discounted cash flow models, economic value analysis, and real option analyses. The authors also address closely-related issues such as accounting, financial reporting, and tax considerations. Throughout, you'll find realistic advice for making more informed choices, handling common dilemmas, and overcoming common errors -- all illuminated with real-world examples and illustrations. Whatever your role in establishing valuations or making corporate investment decisions, this collection will help you reduce your risks and improve your performance. From world-renowned valuation experts George Chacko, Car ...

A Pragmatic Look at Valuation

Download A Pragmatic Look at Valuation PDF Online Free

Author :
Publisher :
ISBN 13 : 9780133444032
Total Pages : pages
Book Rating : 4.4/5 (44 download)

DOWNLOAD NOW!


Book Synopsis A Pragmatic Look at Valuation by :

Download or read book A Pragmatic Look at Valuation written by and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Applied Valuation

Download Applied Valuation PDF Online Free

Author :
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110771780
Total Pages : 234 pages
Book Rating : 4.1/5 (17 download)

DOWNLOAD NOW!


Book Synopsis Applied Valuation by : Clifford S. Ang

Download or read book Applied Valuation written by Clifford S. Ang and published by Walter de Gruyter GmbH & Co KG. This book was released on 2023-01-30 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Valuation is part art and part science. While there are wrong ways to value a stock, there may be no single correct way to value a stock. Applied Valuation: A Pragmatic Approach helps to bridge theory and how valuations can be implemented in practice. It offers pragmatic solutions that are in line with valuation principles, and explains the implications of certain approaches and rules of thumb that are commonly used in practice, so the reader understands why or when such methods make sense. Valuation is a highly case-specific exercise and slight changes in the conditions at the time of the valuation could change the approach and inputs that an analyst should be using. This book discusses how to develop the intuition and skills that would allow you to determine the appropriate or reasonable approach to take regardless of what situation may arise in the future. Also including in-depth case studies of Walmart and Tesla, this book examines concepts like projections, discount rates, terminal value, and relative valuation to equip students, practitioners, and the general reader with a better understanding of the methods that will help them build their own framework to value businesses and analyze valuation issues.

The Art of Company Valuation and Financial Statement Analysis

Download The Art of Company Valuation and Financial Statement Analysis PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118843053
Total Pages : 275 pages
Book Rating : 4.1/5 (188 download)

DOWNLOAD NOW!


Book Synopsis The Art of Company Valuation and Financial Statement Analysis by : Nicolas Schmidlin

Download or read book The Art of Company Valuation and Financial Statement Analysis written by Nicolas Schmidlin and published by John Wiley & Sons. This book was released on 2014-04-30 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Art of Company Valuation and Financial Statement Analysis: A value investor’s guide with real-life case studies covers all quantitative and qualitative approaches needed to evaluate the past and forecast the future performance of a company in a practical manner. Is a given stock over or undervalued? How can the future prospects of a company be evaluated? How can complex valuation methods be applied in practice? The Art of Company Valuation and Financial Statement Analysis answers each of these questions and conveys the principles of company valuation in an accessible and applicable way. Valuation theory is linked to the practice of investing through financial statement analysis and interpretation, analysis of business models, company valuation, stock analysis, portfolio management and value Investing. The book’s unique approach is to illustrate each valuation method with a case study of actual company performance. More than 100 real case studies are included, supplementing the sound theoretical framework and offering potential investors a methodology that can easily be applied in practice. Written for asset managers, investment professionals and private investors who require a reliable, current and comprehensive guide to company valuation, the book aims to encourage readers to think like an entrepreneur, rather than a speculator, when it comes to investing in the stock markets. It is an approach that has led many to long term success and consistent returns that regularly outperform more opportunistic approaches to investment.

Environmental Pragmatism

Download Environmental Pragmatism PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1135634327
Total Pages : 364 pages
Book Rating : 4.1/5 (356 download)

DOWNLOAD NOW!


Book Synopsis Environmental Pragmatism by : Eric Katz

Download or read book Environmental Pragmatism written by Eric Katz and published by Routledge. This book was released on 2013-04-15 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental pragmatism is a new strategy in environmental thought. It argues that theoretical debates are hindering the ability of the environmental movement to forge agreement on basic policy imperatives. This new direction in environmental thought moves beyond theory, advocating a serious inquiry into the merits of moral pluralism. Environmental pragmatism, as a coherent philosophical position, connects the methodology of classical American pragmatic thought to the explanation, solution and discussion of real issues. This concise, well-focused collection is the first comprehensive presentation of environmental pragmatism as a new philosophical approach to environmental thought and policy.

Valuing Early Stage and Venture-Backed Companies

Download Valuing Early Stage and Venture-Backed Companies PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 0470602767
Total Pages : 252 pages
Book Rating : 4.4/5 (76 download)

DOWNLOAD NOW!


Book Synopsis Valuing Early Stage and Venture-Backed Companies by : Neil J. Beaton

Download or read book Valuing Early Stage and Venture-Backed Companies written by Neil J. Beaton and published by John Wiley & Sons. This book was released on 2010-02-22 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Valuing Early Stage and Venture-Backed Companies Unique in the overall sphere of business valuation, the valuing of early stage and venture-backed companies lacks the traditional metrics of cash flow, earnings, or even revenue at times. But without these metrics, traditional discounted cash flow models and comparison to public markets or private transactions take on less relevance, calling for a more "experiential" valuation approach. In a straightforward, no-nonsense manner, the mystique surrounding the valuation of early stage and venture-backed companies is now unveiled. With an emphasis on applications and models, Valuing Early Stage and Venture-Backed Companies shows the most effective way for your company to prepare and present its valuations. Featuring contributed chapters by a panel of top valuation experts, this book dispels improper valuation techniques promulgated by unknowing business appraisers and answers your key questions about valuation theory and which tools you need to successfully apply in your specific situation. Here, you'll find out more about various valuation techniques, including: "Back solving" valuation Modified cost approach Option pricing model Probability-weighted expected returns model Asian puts New data on discounts for lack of marketability Detailed and hands-on, Valuing Early Stage and Venture-Backed Companies equips you with broad foundational data on the venture capital industry, as well as in-depth analyses of distinct early stage company valuation approaches. Performing valuations for your early stage company requires an understanding of the special circumstances faced by your organization. With ample examples of generally accepted allocation models with complex capital structures common to early stage companies, Valuing Early Stage and Venture-Backed Companies mixes real-life experience with deep technical expertise to equip you with the complete, user-friendly resource you'll turn to often in valuing your early stage or venture-backed company.

Accounting for Value

Download Accounting for Value PDF Online Free

Author :
Publisher : Columbia University Press
ISBN 13 : 0231521855
Total Pages : 265 pages
Book Rating : 4.2/5 (315 download)

DOWNLOAD NOW!


Book Synopsis Accounting for Value by : Stephen Penman

Download or read book Accounting for Value written by Stephen Penman and published by Columbia University Press. This book was released on 2010-12-30 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accounting for Value teaches investors and analysts how to handle accounting in evaluating equity investments. The book's novel approach shows that valuation and accounting are much the same: valuation is actually a matter of accounting for value. Laying aside many of the tools of modern finance the cost-of-capital, the CAPM, and discounted cash flow analysis Stephen Penman returns to the common-sense principles that have long guided fundamental investing: price is what you pay but value is what you get; the risk in investing is the risk of paying too much; anchor on what you know rather than speculation; and beware of paying too much for speculative growth. Penman puts these ideas in touch with the quantification supplied by accounting, producing practical tools for the intelligent investor. Accounting for value provides protection from paying too much for a stock and clues the investor in to the likely return from buying growth. Strikingly, the analysis finesses the need to calculate a "cost-of-capital," which often frustrates the application of modern valuation techniques. Accounting for value recasts "value" versus "growth" investing and explains such curiosities as why earnings-to-price and book-to-price ratios predict stock returns. By the end of the book, Penman has the intelligent investor thinking like an intelligent accountant, better equipped to handle the bubbles and crashes of our time. For accounting regulators, Penman also prescribes a formula for intelligent accounting reform, engaging with such controversial issues as fair value accounting.

Realism, Value, and Transcendental Arguments between Neopragmatism and Analytic Philosophy

Download Realism, Value, and Transcendental Arguments between Neopragmatism and Analytic Philosophy PDF Online Free

Author :
Publisher : Springer Nature
ISBN 13 : 3031280423
Total Pages : 210 pages
Book Rating : 4.0/5 (312 download)

DOWNLOAD NOW!


Book Synopsis Realism, Value, and Transcendental Arguments between Neopragmatism and Analytic Philosophy by : Sami Pihlström

Download or read book Realism, Value, and Transcendental Arguments between Neopragmatism and Analytic Philosophy written by Sami Pihlström and published by Springer Nature. This book was released on 2023-05-05 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays collected in this volume and authored by Sami Pihlström emphasize that our relation to the world we live in and seek to represent and get to know better through our practices of conceptualization and inquiry is irreducibly valuational. There is no way of even approaching, let alone resolving, the philosophical issue of realism without drawing due attention to the ways in which human values are inextricably entangled with even the most purely “factual” projects of inquiry we engage in. This entanglement of the factual and the normative is, as explicitly argued in Chapter 7 but implicitly suggested in all the other chapters as well, both pragmatic (practice-embedded and practice-involving) and transcendental (operating at the level of the necessary conditions for the possibility of our representing and cognizing the world in general). The author claims we need to carefully examine the complex relations of realism, value, and transcendental arguments at the intersection of pragmatism and analytic philosophy. This book does so by offering case-studies of various important neopragmatists and philosophers close to the pragmatist tradition, including Hilary Putnam, Nicholas Rescher, Joseph Margolis, and Ludwig Wittgenstein. It appeals to scholars and advanced graduate students focusing on pragmatism and analytic philosophy.

Research Handbook on Public Sociology

Download Research Handbook on Public Sociology PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 180037738X
Total Pages : 405 pages
Book Rating : 4.8/5 (3 download)

DOWNLOAD NOW!


Book Synopsis Research Handbook on Public Sociology by : Lavinia Bifulco

Download or read book Research Handbook on Public Sociology written by Lavinia Bifulco and published by Edward Elgar Publishing. This book was released on 2023-05-09 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Engaging with the key debates and issues in a continuously evolving field, Lavinia Bifulco and Vando Borghi bring together contributions from leading social scientists to debate the enduring relevance of public sociology in light of ongoing changes in the social world.

A Pragmatist's Guide to Leveraged Finance

Download A Pragmatist's Guide to Leveraged Finance PDF Online Free

Author :
Publisher : FT Press
ISBN 13 : 0132855232
Total Pages : 282 pages
Book Rating : 4.1/5 (328 download)

DOWNLOAD NOW!


Book Synopsis A Pragmatist's Guide to Leveraged Finance by : Robert S. Kricheff

Download or read book A Pragmatist's Guide to Leveraged Finance written by Robert S. Kricheff and published by FT Press. This book was released on 2012 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: The high-yield leveraged bond and loan market (“junk bonds”) is now valued at $3+ trillion in North America, 1 trillion in Europe, and another $1 trillion in emerging markets. What’s more, based on the maturity schedules of current debt, it’s poised for massive growth. To successfully issue, evaluate, and invest in high-yield debt, however, financial professionals need credit and bond analysis skills specific to these instruments. Now, for the first time, there’s a complete, practical, and expert tutorial and workbook covering all facets of modern leveraged finance analysis. InA Pragmatist’s Guide to Leveraged Finance,Credit Suisse managing director Bob Kricheff explains why conventional analysis techniques are inadequate for leveraged instruments, clearly defines the unique challenges sellers and buyers face, walks step-by-step through deriving essential data for pricing and decision-making, and demonstrates how to apply it. Using practical examples, sample documents, Excel worksheets, and graphs, Kricheff covers all this, and much more: yields, spreads, and total return; ratio analysis of liquidity and asset value; business trend analysis; modeling and scenarios; potential interest rate impacts; evaluating and potentially escaping leveraged finance covenants; how to assess equity (and why it matters); investing on news and events; early stage credit; and creating accurate credit snapshots. This book is an indispensable resource for all investment and underwriting professionals, money managers, consultants, accountants, advisors, and lawyers working in leveraged finance. In fact, it teaches credit analysis skills that will be valuable in analyzing a wide variety of higher-risk investments, including growth stocks.

Pragmatic Capitalism

Download Pragmatic Capitalism PDF Online Free

Author :
Publisher : Macmillan
ISBN 13 : 1137279311
Total Pages : 252 pages
Book Rating : 4.1/5 (372 download)

DOWNLOAD NOW!


Book Synopsis Pragmatic Capitalism by : Cullen Roche

Download or read book Pragmatic Capitalism written by Cullen Roche and published by Macmillan. This book was released on 2014-07-08 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the importance of the global economy, and provides insights for getting the most out of investments to achieve financial success.

Value Practices in the Life Sciences and Medicine

Download Value Practices in the Life Sciences and Medicine PDF Online Free

Author :
Publisher : Oxford University Press, USA
ISBN 13 : 019968958X
Total Pages : 346 pages
Book Rating : 4.1/5 (996 download)

DOWNLOAD NOW!


Book Synopsis Value Practices in the Life Sciences and Medicine by : Isabelle Dussauge

Download or read book Value Practices in the Life Sciences and Medicine written by Isabelle Dussauge and published by Oxford University Press, USA. This book was released on 2015 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a compelling scholarly statement about the interrelation and pliability of values in the life sciences, medicine and health care, this volume aims to aid our understanding of the roles of power, knowledge production and economic action in the heavily scientised and economised areas of life science and medicine.

Value Creation Principles

Download Value Creation Principles PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119706629
Total Pages : 272 pages
Book Rating : 4.1/5 (197 download)

DOWNLOAD NOW!


Book Synopsis Value Creation Principles by : Bartley J. Madden

Download or read book Value Creation Principles written by Bartley J. Madden and published by John Wiley & Sons. This book was released on 2020-06-10 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: PRAISE FOR VALUE CREATION PRINCIPLES "In Value Creation Principles, Madden introduces the Pragmatic Theory of the Firm that positions the firm as a system fueled by human capital, innovation, and, at a deeper level, imagination. He challenges us to understand how we know what we think we know in order to better discover faulty assumptions that often are camouflaged by language. His knowledge building loop offers guideposts to design experiments and organize feedback to facilitate early adaptation to a changed environment and to avoid being mired in ways of thinking rooted in 'knowledge' of what worked well in the past—a context far different from the context of today. His book explains a way of being that enables those who work for, or invest in, business firms to see beyond accounting silos and short-term quarterly earnings and to focus on capabilities instrumental for creating long-term future and sustainable value for the firm's stakeholders. I can't recommend this astounding book enough especially given its deep and timely insights for our world today." —John Seely Brown, former Chief Scientist for Xerox Corp and Director of its Palo Alto Research Center (PARC); co-author with Ann Pendleton-Jullian of Design Unbound: Designing for Emergence in a White Water World "In contrast to existing abstract theories of the firm, Madden's pragmatic theory of the firm connects management's decisions in a practical way to a firm's life cycle and market valuation. The book promotes a firm's knowledge building proficiency, relative to competitors, as the fundamental driver of a firm's long-term performance, which leads to insights about organizational capabilities, intangible assets, and excess shareholder returns. Value Creation Principles is ideally suited to facilitate progress in the New Economy by opening up the process by which firms build knowledge and create value, which is a needed step in revising how neoclassical economics treats the firm." —Tyler Cowen, Professor of Economics, George Mason University; co-author of the popular economics blog Marginal Revolution "Bartley Madden rightfully points out that both textbook and more advanced economic theories of the firm fail to address the concerns of top management and boards of directors. He offers a tantalizing pragmatic alternative that directly connects to quantitative changes in the firm's market value. His framework gives recognition to the importance of intangible assets, and his pragmatic approach is quite complementary to the Dynamic Capabilities framework that strategic managers implicitly and sometimes explicitly employ." —David J. Teece, Thomas W. Tusher Professor in Global Business, Faculty Director, Tusher Center for the Management of Intellectual Capital, Haas School of Business, University of California, Berkeley

Transfer Pricing and Customs Valuation

Download Transfer Pricing and Customs Valuation PDF Online Free

Author :
Publisher : IBFD
ISBN 13 : 9087220596
Total Pages : 695 pages
Book Rating : 4.0/5 (872 download)

DOWNLOAD NOW!


Book Synopsis Transfer Pricing and Customs Valuation by : Anuschka Bakker

Download or read book Transfer Pricing and Customs Valuation written by Anuschka Bakker and published by IBFD. This book was released on 2009 with total page 695 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the intricate role of transfer pricing and customs value in international business environment. It examines the relationship between valuation for transfer pricing purposes and valuation for customs, and the significance of the relationship for multinational enterprises, tax authorities and customs administrations. The book begins by reviewing relevant international standards such as the OECD Guidelines and the GATT/WTO Customs Valuation Agreement. This is followed by a discussion of related issues such as VAT and administrative matters. Country chapters provide an overview of the applicable legislation and valuation methods, and case studies allow direct comparison between the practices of the different countries. The book concludes by summarizing the existing relationship between transfer pricing valuations and customs valuations, and by suggesting possible solutions towards a more integrated approach.

The Value of Art Education

Download The Value of Art Education PDF Online Free

Author :
Publisher : Springer Nature
ISBN 13 : 3031140613
Total Pages : 194 pages
Book Rating : 4.0/5 (311 download)

DOWNLOAD NOW!


Book Synopsis The Value of Art Education by : Henrik Fürst

Download or read book The Value of Art Education written by Henrik Fürst and published by Springer Nature. This book was released on 2023-05-11 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows the continuing importance of art education. Art education attracts students who see multiple meanings and justifications for the worth of that education. Their engagement in art education is not limited to the uncertain prospects for jobs or routes into employment in the arts. Fürst and Nylander approach art education through a rich array of empirical examples derived from Swedish folk high school programs in music, visual arts, and creative writing. Based on an analytical framework of pragmatic sociology, the book allows the reader to understand the competences and critical capacities held by students and teachers. The book challenges the dominant public perception of art education and broadens our understanding of what it is good for. The Value of Art Education is essential reading for those defending the status of this vital sector of education, offering a deeper understanding of why people engage, what they gain, and the social importance of the arts.

Money Games

Download Money Games PDF Online Free

Author :
Publisher : Berghahn Books
ISBN 13 : 1789202221
Total Pages : 216 pages
Book Rating : 4.7/5 (892 download)

DOWNLOAD NOW!


Book Synopsis Money Games by : Anthony J. Pickles

Download or read book Money Games written by Anthony J. Pickles and published by Berghahn Books. This book was released on 2019-06-06 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gambling in Papua New Guinea, despite being completely absent prior to the Colonial era, has come to supersede storytelling as the region’s main nighttime activity. Money Games is an ethnographic monograph which reveals the contemporary importance of gambling in urban Papua New Guinea. Rich ethnographic detail is coupled with cross-cultural comparison which span the globe. This anthropological study of everyday economics in Melanesia thereby intersects with theories of money, value, play, informal economy, social change and leadership.