Next up on the subjects I wish to study are mergers and acquisitions - this book, however, is more of a murder in execution. The writing is so ludicrously thick that I had to re-listen to entire segments of it to make sense of the very basic insights it offers: when looking for a takeover target, make sure that they owe less money than they will bring in. Naturally, there are levels to it but that's what it boils down to.
I hate that the knowledge of this subject is held in tomes like this one that do nothing to improve the potability of an (in itself) imposing subject. Examples are given of various stories well in the public domain, in the early 20th century. Valuation of management processes, territorial logistics advantages and other parts of the valuation process are given a looking-to that is very much appreciated, if not for the know-how then certainly for the knowledge that most people in that field have no idea what they're doing.
Perhaps it's the wrong book to read from or I'm not bright enough to understand, but I walked (or rather ran) away from this book rather bewildered and without a better grasp of the subject matter. If I were a time-travelling man, I'd have saved myself 6 hours of headache by going back in time and feeding myself a 12-gauge
2/10