“May you live in interesting times…” the old saying seems quite fitting in our current environment. As the world continues to navigate post-pandemic challenges with supply chain issues and shortages, these economic challenges have been exacerbated by the war in Ukraine, rising interest rates, and high inflation, and we are witnessing market volatility not seen in the last decade. First, our prayers go out to those in harms' way. Second, these challenges present unique valuation issues. I invite our readers to share the challenges they experience in performing valuations in the current environment and their unique solutions to these challenges.

In this issue, Aziz El-Tahach and his esteemed colleagues' contribution discusses the benefits of warrants in ESOP transactions. Joe Thompson addresses meme stocks and the risks they pose to business appraisers. Brad Cornell and Richard Gerger revisit the dividend growth model and provide their observations on its use in practice....

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