Reality Check: Testing Valuation Conclusions For ‘Fool’s Market Value’

Business Valuation UpdateVol. 13 No. 12
Special Reports
December 2007
Michael Pellegrino, MBA


Editor’s note: This article emerged from a series of subscriber exchanges in the BVWire™ (beginning with issue #59-5) on the interpretation and application of the fair market value standard—in which the author first posited an alternative: “fool’s market ...