Drawing on the wisdom of both academia and the practitioner world, this proceedings offers insights on a wide range of practical challenges faced by analysts and portfolio managers. Presentations address such key issues as why a company's price moves so violently over short periods of time in the absence of a correspondingly large change in the company's underlying business performance, the dichotomy between the search for the absolute value of a firm and the dependence on relative valuation approaches, and the challenges inherent in deriving accurate valuations from accounting information.