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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

In 2020, in full recognition of his outstanding services in the Society and contributions to the appraisal profession, the American Society of Appraisers gave him their Lifetime Achievement Award. He was a on the Board of Trustees of the International Valuation Standards Council finishing his second term in 2023.

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Data Update 6 for 2023: A Wake up call for the Indebted?

Musings on Markets

In this section, I will lay out a mechanism for evaluating the effects of borrowing on the cost of funding a business, i.e., the cost of capital, and talk about why firms may under or overshoot this optimal.