The Valuation Profession—A Brief History

Business Valuation UpdateVol. 14 No. 9
Special Reports
September 2008
James P. Catty, MA, CA, CPA, CFA, CBV, CFE


The need to value items reaches far into antiquity. Plato (427 - 347 B.C.) described the concept of value as one of the most difficult questions. His pupil, Aristotle (384 - 322 B.C.), teacher of Alexander the Great, believed that the value of an object w ...