Geoffrey Poitras is a Professor of Finance at Simon Fraser University, Canada.
Financial crises and stock market crashes are all over financial history. These episodes have already been described in great detail and yet they keep surprising us. This book deals with the underlying problem: the inherent difficulty of equity valuation. From ancient times until the crash of 1929 he describes the development of approaches to valuing equity securities. I am glad to recommend this book to anybody who wants to better understand financial markets. -Abe de Jong, Erasmus University, the Netherlands Poitras provides what is by far the most comprehensive and best documented contribution to on the topic of the historical foundations of modern equity valuation. -Stephen Buser, Professor Emeritus, Ohio State University, USA