As you can see the Business Valuation Review has a new look—I hope you like it.

In this issue of BVR, you will find an interesting article on total beta by Larry Kasper, entitled “Total Beta—A Capital Market Analysis with Empirical Evidence.” Following this is a response to this article by Pete Butler and Bob Dohmeyer. Needless to say, the discussion continues.

Ray Rath, MBA, ASA, has written a review of an important book, Guide to Intangible Asset Valuation, that has been recently published by the prolific authors Robert Reilly and Robert Schweihs. Ray developed and