“Mun has converted his tacit financial knowledge into
a digestible user-friendly book. He effectively leads the
reader on a solid path starting from discounted cash flow,
progressing through Monte Carlo analysis and evolving
to real options to get even closer to the target of
achieving confident corporate decisions. His ability to
clearly explain the relationships of popular competing
analysis methods will make this a must-have
reference book for today’s decision-makers.”
—Kenneth English, Director of R&D,
The Timken Company (USA)
“The book leads the field in real options analytics and is a
must-read for anyone interested in performing such analyses.
Mun has made a formidable subject crystal clear and
exponentially easy for senior management to understand.
Monte Carlo simulation and real options software alone is
worth the book price many times over.”
—Morton Glantz, Renowned educator in finance, author
of several books, financial advisor to government (USA)
“The book is far and away the clearest, most comprehensive
guide to real options analysis to date, and is destined to
be a classic— it is a complete guide to the practical
application of real options analysis. It strikes a superb
balance between solid intuition, rigorous analysis,
and numerous practical examples.”
—John Hogan, Ph.D.,
Boston College (USA)
