Hi Roy,

I see that you have dug deep into the investment lexicon. Not many folks know John Burr Williams. Parenthetically, you might be interested in a text that CFA Institute co-published with John Wiley that my fellow Content Director, David Larrabee, CFA, and I edited called "Valuation Techniques." In the introduction Gary Brinson comments extensively about John Burr Williams.

Separately, thank you for your answer I will ensure that it enters the discussion today!

With smiles,

Jason A. Voss, CFA