Category Archive

In his latest interview on the Brave New World Podcast, Aswath Damodaran explains why greed kills the best investing strategies. Here’s an excerpt from the interview: I tell people, look I expect to be wrong on the biggest winners, because they are the biggest winners for a reason. They won … Read More

In his latest Data Update 1 for 2022, Aswath Damodaran says – It is Moneyball Time! He also provides four reasons why you should not always trust big data. Here’s an excerpt from the update: The Moneyball Question When I first started posting data on my website for public consumption, … Read More

In his latest article titled – Managing across the Corporate Life Cycle: CEOs and Stock Prices!, Aswath Damodaran discusses the mythology surrounding great CEOs. Here’s an excerpt from the article: It is no surprise that most people are convinced that there is a template for a great CEO that applies across … Read More

In his latest interview with the Prague Finance Institute, Aswath Damodaran explains why growth investors have become lazy. Here’s an excerpt from the interview: Damodaran: I would argue that growth investors are becoming lazy now. Host: And are they becoming lazy… are they becoming lazy because of cheap money, quantitative … Read More

In this short Q&A session, Aswath Damodaran discusses a number of topics including why you should not put great investors on a pedestal. Here’s an excerpt from the session: I tell people that the person you need to most understand to be a good investor is yourself. I tell people … Read More

In his book – Investment Philosophies: Successful Strategies and the Investors Who Made Them Work, Aswath Damodaran discusses how to develop the right investing philosophy for you. Here’s an excerpt from the book: Once you understand the basics of investing, form your views on human foibles and behavior, and review the … Read More

In his latest webinar titled – The Illusion of Smart Money, Aswath Damodaran says that humility is the single most important characteristic you need to be a successful investor. Here’s an excerpt from the webinar: Humble vs Arrogant: I think that investors are better grouped into humble and arrogant, with: … Read More

In his recent interview on Business Today, Aswath Damodaran discussed why value investors should consider young growth money losing companies at the right price. Here’s an excerpt from the interview: Damodaran: The alternative, and you’re not going to like what I say, requires that you do the hard work of … Read More

In this interview with Nirmal Bang, Aswath Damodaran recommends that when someone tells you the market’s expensive, you should check out their age. Here’s an excerpt from the interview: Damodaran: The one thing though I’d caution you is when people tell you that the market is expensive check out their … Read More

In his recent interview with Poli Finance, Aswath Damodaran discussed his karmic view in investing. Here’s an excerpt from the interview: Damodaran: I’ll be quite honest. I think every market, every group of investors thinks they’re special. They think you value tech companies you think you need a special valuation … Read More

In his latest piece titled – Disclosure Dilemma: When more (data) leads to less (information)!, Aswath Damodaran explains why greater disclosure is actually hurting investors rather than helping them saying: As companies disclose more and more, investors should be becoming more informed and valuing/pricing companies should be getting easier, right? In … Read More

In his recent interview with MoneyControl, Aswath Damodaran recommends that investors forget about the terms growth and value investing and instead focus on common sense investing. Here’s an excerpt from the interview: Q: And in this leg of the stocks rally, would you look at growth investing or value investing? … Read More

In his latest interview on CNBC, Aswath Damodaran discussed his investment strategy for high-priced markets. Here’s an excerpt from the interview: Damodaran: Investors should not overreach in any particular direction. I wouldn’t go crazy and put all my money in gold or real estate because that’s what worked in the … Read More

In his latest investing session titled – Acquirers’ Anonymous: Seven Steps to Sobriety, Aswath Damodaran discusses the seven deadly sins in acquisitions. Here’s an excerpt from the lesson: Acquisitions are exciting and fun to be part of but they are not great value creators and in today’s session, I tried to … Read More

In his latest interview on CNBC, Aswath Damodaran provides a warning to investors who may be considering joining the ‘If you can’t beat them, join them crowd’. Here’s an excerpt from the interview: Question: More broadly Cuban’s point, and I’m sure he’ll accuse me of oversimplifying, but I think his … Read More

In his latest article Aswath Damodaran discusses four reasons why value investing hasn’t worked over the past decade and whether it’s time for value investors to consider the possibility that it’s time to change the way we practice value investing. Here’s an excerpt from the article: The attempt to explain … Read More

In his latest presentation titled – Illusion, Perception and Reality: Stock Splits and Index Inclusions Aswath Damodaran discusses the effects of value, gap, and pricing events on a companies value and stock price. He makes the point that, “the reality is that a great deal of the price movement on a … Read More

In his recent four day masterclass at Coronation Capital, Aswath Damodaran discussed corporate finance and business valuation including his ten key perspectives of valuation. Here’s the list: Valuation is not a science or art, but a craft Valuing an asset is not the same as pricing an asset A good … Read More

In a recent interview with Barron’s, Aswath Damodaran discussed glamour stocks, gig-economy companies, buying Tesla, and valuation techniques including how investors can dumb-down their valuation process to the bare minimum. Here’s an excerpt from the interview: Barron’s: Tell us about teaching stock valuation. Aswath Damodaran: Everything I know about valuation I’ve … Read More