I hope you all had a safe, healthy, and enjoyable holiday season. I would like to start off this issue remembering Dr. Shannon Pratt. Shannon Pratt was a pioneer and driving force behind the progress made by the business valuation profession. With his publication of the First Edition of Valuing a Business in 1981, he codified business valuation as we know it today. Since then, he has been the engine that's driven the growth of our profession whether it's his books, teaching, conference presentations, mentoring or the various other things he has developed over time, all of them have become an integral part of our daily practice and it's difficult to imagine the profession without him. Our editor emeritus, Roger Grabowski, has provided an article in this issue which describes his time with Shannon while they were working on the latest edition of Cost of Capital. We've included that...
