Forensic accounting and business valuation specialist Mark S. Gottlieb (on the left; that’s me on the right) has a spanking new website featuring podcast audio interviews of professionals addressing topics of interest to business appraisers and lawyers whose practices involve business valuation and other modes of economic analysis.    

Mark recently invited me to speak with him on the subject of fair value and discounts in stock valuation proceedings.  During the interview I answer Mark’s questions about the elusive definition of fair value; the differences between fair value and fair market value, particularly as regards treatment of discounts; the varying quality of expert testimony in these proceedings; and the impact of shareholder agreement buy-sell provisions on judicial determination of fair value.

You can listen to the podcast by clicking here.  The play button is at the bottom of the linked page.  The interview lasts about 16 minutes.