We solicit your comments, suggestions, and feedback on this edition of the book. Many excellent suggestions were made in anticipation of the fourth edition. Unfortunately, we were not able to include them all. Our website and blog, however, give us the opportunity to supplement the book.
ERRATA
We would appreciate hearing about any errors in content or presentation. The errata for the book is provided below.
- Title on spine of book – We are aware that the book title on the spine is facing the wrong way. That will be corrected on the next printing. The book’s release is already much later than anticipated, and we did not want to further delay availability. We apologize for any inconvenience.
- Table 18.12 – The enterprise value calculation in Table 18.12 is incorrect – debt should be added (not subtracted) in arriving at enterprise value. If debt is added, then EVCT’s enterprise value would be $445 million and the resulting EV/EBITDA and EBITDA yield, discussed in the immediately following two paragraphs, would be 10.3x and 9.7%, respectively.



