Judge Laro's views on "fair market value"

Business Valuation Update
June 16, 2000
Hon. David Laro
fair market value (FMV), american institute of certified public accountants (AICPA)


Valuation is a fascinating subject because, like beauty, value is in the perception of the beholder. As early as 42 B.C., Publilius Syrus said, "Everything is worth what its purchaser will pay ...