Lays out the rationale for doing valuation as well as the issues of bias, complexity and uncertainty that bedevil it.
Пікірлер: 625
@meshrash3243 жыл бұрын
I'm in disbelieve! I can't believe this is on YT for free.
@knockoutkiss46873 жыл бұрын
He literally just introduced the course. What exactly can't you believe? Valuation is simple, every good valuation has a story behind it, and biases and uncertainty make valuations that go bad. This is just common sense. Why is everyone losing their shit?
@djnovice1133 жыл бұрын
@@knockoutkiss4687 Because there is a whole lot of horse shit on youtube. Don't hate on people's excitement because you feel less naive in the short run, Kiss.
@rahulkhanna84383 жыл бұрын
Dont let it out, else future would be not free. Just support such content
@robertorg872 жыл бұрын
@@knockoutkiss4687 Because common sense is the least common of the senses, specially in investing
@pranitmathur50922 жыл бұрын
@@knockoutkiss4687 you have no idea how important his channel is to students like me. I have gone through hundreds of brochures for courses on valuation that claim to be the best in the market but none were as engaging and brilliant as his videos are and most importantly its absolutely free. So, if you cannot acknowledge the teacher's brilliance atleast don't berate the person (whose comment you replied) for getting shocked because he/she most certainly is not alone.
@hectorpalacios55273 жыл бұрын
I feel I'm so smart for understanding everything so easily, but that's because he's so great at teaching.
@eseoraka2 жыл бұрын
Sure He's good at teaching, but remember, as he said: "Valuation is simple, we choose to make it complex."
@Drwild75 Жыл бұрын
Great teachers learn how to make complicated items simple for the students.
@suhasbm Жыл бұрын
@@Drwild75 Valuation of Uber, Airbnb , isn't it baised?
@jackchou142510 ай бұрын
Exactly what I thought.
@eggiemybaby2 ай бұрын
I never understood accounting before but after finding a professor who was so organized at teaching then I understood it. 😮
@l4k3 жыл бұрын
1. Valuation is simple, we choose to make it complex. 2. Every valuation has a narrative behind it. A good valuation is more about the story than about the numbers. 3. When valuations go bad, it's not because of the numbers, it's because of biases, uncertainty and complexity.
@pankajthawait32002 жыл бұрын
Thanks
@mohdcv58832 жыл бұрын
ok sir.
@mohdcv58832 жыл бұрын
you eat chappathy or rice in noon time?
@sivapeela95082 жыл бұрын
@@mohdcv5883 pitzaalu thintadra
@mohdcv58832 жыл бұрын
@@sivapeela9508 ok
@MrLewis-lk8us3 жыл бұрын
I’ve taught for 25 years. This man is excellent teacher.
@nikola347774 жыл бұрын
This is gold, pure gold
@carlossuarez66603 жыл бұрын
You're absolutelly right
@marlonc35163 жыл бұрын
@@carlossuarez6660 its gold jerry, gold!
@sanpedrosilver3 жыл бұрын
Da!
@filmawayvlad3 жыл бұрын
True. I agree
@knockoutkiss46873 жыл бұрын
He literally just introduced the course. Where exactly is the gold in this video? Valuation is simple, every good valuation has a story behind it, and biases and uncertainty make valuations that go bad. This is just common sense. Why is everyone losing their shit?
@surajgantedi3 жыл бұрын
Most KZfaq investing gurus don’t tell these valuable lessons. This is gold
@DevangVariaArvind6 жыл бұрын
Mr. Damodaran explained in 16:14 minutes which my professor could not in an entire semester!
@MegaPitbull19994 жыл бұрын
then pay attention in classes
@zt87464 жыл бұрын
@@MegaPitbull1999 Seems like someone is butthurt LMFAO.
@ShyamSundar-ck7te3 жыл бұрын
Show this to your professor. He will turn this 16mins into a full semester for the next batch.
@ab164263 жыл бұрын
Be attentive in the classes, seems mind is wandering around
@shankerpai50523 жыл бұрын
How about valuation of aswath damodaran talks.. He is a king of valuation ..teachers ..has got guts to " a spade a spade ."...start with a blank slate...bias ...mission...justify ..misconception ..uncertainty ..fufuture ..bigger models....black box ..GIGO ..( LESS IS MORE ) intrinsic val..d c f ..val ..option pricing ...only if ..?? ..APPROACHES ...ASSUMPTIONS ..
@user-ej5nt6lk3q4 күн бұрын
"Markets are correct on an average but wrong individualy" What a quote!!
@dubosmasson65029 жыл бұрын
Great set of videos. I'm sharing the link with my students here at Indiana University!!
@AruSharma043 жыл бұрын
Phenomenal idea.
@VideoPerfection6 жыл бұрын
I seriously can listen to this guy talk forever. He has a talent for speaking that's for sure.
@FlavioBarrosProfessor3 жыл бұрын
Huge fan. Remembering me reading "Investment Philosophies" in 2004 and thinking: should be awesome to have a class with this man. Here I am! Crystal clear explanations.
@danielleavenworth92575 жыл бұрын
Thank you for making these lessons public. I am learning how to invest, and you are a valuable teacher!
@sanelesizwe7 жыл бұрын
The lecturer of the lecturers!
@frankchen57285 жыл бұрын
I just stumbled upon these videos and have watched the first 2 sessions. Prof. Damodaran's explanations are easy to understand; his analogues funny and relevant. I plan to finish the entire series. But I want to express my gratitude first to Prof. Damodaran for openly sharing the materials online. Thank you!
@bipuljha7922 жыл бұрын
Where is the other part. Can you please help me find it.
@manubhatt32 жыл бұрын
Can you please tell me if there are prerequisites to these lectures, for example, accounting etc.?
@bipuljha7922 жыл бұрын
@@manubhatt3 No I don't think so. He just starts from the scratch and he is very clear about what he wants to teach. If you're someone who wants to learn it this is the best for you.
@illuminatedcore9446 Жыл бұрын
@@manubhatt3 If you haven't figured it out by yourself yet , then go to the channel's Playlist.. You will get many old and new courses on valuation and corporate finance.. For better understanding of the subJect I will recommend you to do the courses on "Accounting 101" and "Foundation of Finance" first.. Then you can do the old short course on valuation. It's the first course uploaded on the playlist.. You can also refer to a book "Damodaran on valuation" or "The little book on valuation" for better understanding... This books are also available in PDF version in many public websites... 🙏
@illuminatedcore9446 Жыл бұрын
@@bipuljha792 🙏
@andrewmaina84224 жыл бұрын
By far, the best take on valuation analysis I have ever heard, no numbers, no fancy jargon, simply explaining in layman's english, the underlying fundamentals of valuation.
@nidhisairam82565 жыл бұрын
Brilliant! Mr.Damodaran is the best professor out there. Thanks a ton for sharing the videos.
@uur1274 жыл бұрын
I'm glad I've found your videos Mr. Damodaran. I wish we met years ago and I could built my fundamentals solid. Now, I'm learning everything from the beginning. Thank you so much. Greetings from Turkey.
@davidlee5224 жыл бұрын
You're probably one of the best financial minds because of the simplicity you make things and the honesty you use. It's so easy to understand you logic, rationale and truth.
@Freddyyyy266 Жыл бұрын
I have challenged myself to put away 50% of my monthly income into stock options which is quite easy since I live frugal without debt. I work as an account executive, and make over $20000. $10000 goes into dividends, and the other $10000 covers my my food plus living expenses. I am seeing improvements in my portfolio, dividends look certain, but I have to attribute this to only to guidance of a licensed fund manager who allocates funds to a plethora of assets. Just got my first property, still I have to stay disciplined, and remember that I’m in it for the long term. Good luck to everyone and thanks for the great video.
@Jpellorrin Жыл бұрын
I have seen a lot of investing channels but still can’t wrap my head around it. I need an impartial investment advisor. I know they are there I don’t just know a legit sourced. How can I reach the broker you were assigned?
@Freddyyyy266 Жыл бұрын
With the help of a pro financial advisor, Herman W Jonas, I’ve gotten into stocks and fx, splitting my funds in different assets that have brought me huge roi. I just reinvest and grow my portfolio. Here,
@Freddyyyy266 Жыл бұрын
Hermanw jonas (a g mal comm
@Kantor895 Жыл бұрын
When you're a beginner to stocks, it can feel intimidating to research and choose trades and other investments on your own, I felt that way too. But with Sir Herman’s help, I’m doing that effortlessly, with outstanding results.
@Freddyyyy266 Жыл бұрын
@@Maisymaisy I have made over $25,000 in profits, more so because I was reinvesting every two weeks. His strategies cuts across major financial markets which cuts across major markets which I found to generate more profit.
@rahularora88493 жыл бұрын
In 3 minutes of watching him, I am in awe of him....heard a lot about him earlier but didnt know about this YT channel..It is Gold........i just wish I came across this content 5 years ago
@alexh.48422 жыл бұрын
I thought I've known something about valuation as having passing CFA level 2, but get hooked by his first few bullet points already. It’s been elevated to philosophical level!
@jessicamars57224 жыл бұрын
I missed my Valuation class at University and my report is due this week ...Feeling like a Lemming, the cliff option seems affable. I found this Professor's videos and I take the option of climbing the cliff in 2 days :). Thank you Prof. Domodaran
@wnuoyi11183 жыл бұрын
True Guru! Thank you professor for all your generous sharing!
@02mba-thesisonly622 жыл бұрын
08:43 why not build a big model 09:10 how to build a "SUITABLE" model 09:30 intrinsic valuation means: cash flow, growth, risk 12:00 3 kinds of approaches: 1. intrinsic valuation (cash flow valuation) 12:59 2. relative valuation 14:28 3. option pricing & the context of valuation
@BlackLabelSlushie4 жыл бұрын
You really have the gift of teaching, Sir. Thank you!
@ankitadaur37793 жыл бұрын
Such simplification of words made me understand the Valuation easily, I am so glad I found this. Indeed a great teacher you are. Thanks a lot for uploading these.
@krishnateja77282 жыл бұрын
This is Gold, and it's sitting here since 2014. Worse, I have no idea till now. Thanks a ton. Sir, I'll make you my dhronacharya.
@roym14443 жыл бұрын
I really appreciate your efforts and thank you for giving such a variety of ways to think about valuation.
@hakeem47935 жыл бұрын
You, Mr. Damodaran, will be my way to success in investing. I'd done all the basics through a course on YT, but I needed a more advanced course to get my head around valuation and corporate finance. I feel so lucky for real. Thank you, professor, can't wait to watch all of your videos.
@iAMwhoiAM2388 Жыл бұрын
Thank you very much 🙏 Incredible to live in a time where content like this is accessible to almost the entire world for free.
@value_investing2 жыл бұрын
Can’t believe took me so long to find this class, for free. Very appreciated!
@Mark-fg8iw2 ай бұрын
Creating wealth Through the right information.
@Isael-qk5rz2 ай бұрын
Sam's concept is key in beating all odds to excel in this form of online commodity. His management team is quite impressive so far!I'll recommend Expert mr sam deymon . he's the best ive seen. Sam Deymon trade makes me good profits 📈 weekly...
@AntoninaLarisa2 ай бұрын
@@Isael-qk5rz I started my investment journey with a modest portfolio of $10,000, and within just a few months, it skyrocketed to over $375,000 with the help of my advisor Mr Sam Deymon
@GabrielSarmentoEidFFatorial5 жыл бұрын
Exceptional explanation, objective, simple and good paced. As good as his books. Thank you for your time teacher.
@WronaJester4 жыл бұрын
Wow. This is briliant! Cannot wait to see rest of it. Thank you!
@brunopitombeira7 жыл бұрын
Thank you so much for the videos Mr. Damodaran!
@prasantdara4 жыл бұрын
Aswath sir - you can sell this course and can make millions out of it but you are setting the true definition of a "TEACHER". Thank you for sharing your knowledge.
@shashank_jhajharia3 жыл бұрын
This is the first video of yours which I have just now completed. I am expecting some quality learning time now. I never thought of learning with this level of professional teachers. Thanks for making quality learning available for free to watch. My teacher mentioned your videos while answering a student. I decided to give it a go. I am glad I did.
@akashbapat-fr5it Жыл бұрын
I'm not at all from finance background, after covid in during the stock market boom I first time tried to learn about the stock market. I searched for valuation and stumbled upon your video sir. Thank you for explaining in simple and practical language.
@arung60102 жыл бұрын
Glad I found this gem of a lecture series, can’t believe its free, wish I had a professor like him during my university years..😀
@devishreesraha2360 Жыл бұрын
Aswath Damodaran on teaching valuation is what David J Malan is to computer science education. Two passionate teachers on a mission to break down complex topics for everyone into easy digestible chunks. True legends in their fields of learning 🙌🏻 #Respect.
@rishimadan95103 жыл бұрын
As an Engineer who wishes to trade stocks, this explanation is INSANE... I have watched a lot of videos of valuation but this is gold..
@shanks4143 жыл бұрын
Thank you once again, Prof. Damodaran for your 20+ years of valuable teaching.
@steverahardjo32217 жыл бұрын
I remember at 2008 learn his book.I hated it so much about valuation and corporate finance. Now.I am a business owner and there we go......i should open that dark blue book again. in conclusion.i was wrong to hate it but this proffesor keep consistent for what he is doing ...very big respect
@LuvMasalaDosa3 жыл бұрын
What kinda business r u in Steve ? Curious
@gwagon32683 жыл бұрын
@@LuvMasalaDosa he sells girls
@LuvMasalaDosa3 жыл бұрын
@@gwagon3268 you saw?
@Rishi2015 Жыл бұрын
How are you doing today mate?
@fabianmarin85144 жыл бұрын
Goddamn, these lectures are pure gold. I am so glad I came across them.
@anubhavonyt Жыл бұрын
I got to know about you a month back. I have used your data sets about ERP, Risk free rates and TGR. Today suddenly this video popped out and now I am a fan.
@sebastianflora2993 жыл бұрын
This guy is amazing! Thank you dear professor! My first video and I feel happy watching and learning for you.
@krishna_o153 жыл бұрын
Aswath is like Yoda. A totally different clothing style and a Big inspiration for me personally.
@RideWithNanya2 жыл бұрын
Just watching first video- must say its a very simple and wonderful way of explaining . Its simplicity kept me listening and i want to see all videos till the last. As rightly said being simple is the toughest thing in life
@mathewwillner13 жыл бұрын
Not only great information but his presentation skills are excellent. I could listen to him lecture all day.
@nandinibansal8598 Жыл бұрын
I wish one day all the teachers is the world can able to teach like how is sir Damodaran is doing. When a person teach something that he is interested in not only he teach it simple but also makes the learning experience so much fun and engaging.❤ Thankyou so much for your hard work sir. I looking foreword to my learning journey of valuation in your guidance.
@pradeepw44133 жыл бұрын
Just brilliant! Appreciate your work professor Aswath!
@Hiesfelder84 Жыл бұрын
You, sir, helped me to pass my master and Ph.D.. your research and books are outstanding! Thank you very much!
@tusharsahu46962 жыл бұрын
Gurudevaya Namaha. So precious and quality content for the remotest students like me. Thank you Master.🙏🙏🙏
@georgeduran75975 жыл бұрын
He is the definition of a TEACHER, he is the bestest
@jacquelinefernandes11398 ай бұрын
Loved how you simplified everything. Wonderfully explained
@nathansturgess68099 жыл бұрын
Holy crap! I wish I found this before! Damodaran baby! Thanks for helping me in my finance course!
@Mpumzar Жыл бұрын
Honestly, I feel like I should be paying for this information. Thank you so much for a such clear explanation
@Fkb0326 жыл бұрын
Literally the best lecturer I have ever heard. Thank you for sharing your work with us!
@abhaabha78502 жыл бұрын
The man who makes you feel less afraid about your career in Finance
@sreeshantmadhavan2 жыл бұрын
Masterful! Had I, teachers like Mr. Damodaran, I would have been a different person, at a different level. Profuse thanks!
@KeysDiminished Жыл бұрын
If you can value your life and plan according to that then you are the greatest valuator mate!
@kodokraksasa6564Ай бұрын
Valuation gives you a foundation to rationally analyze a company before deciding to buy/sell Problems in valuation: 1. Bias 2, valuation is objective 3. less is more Three methods 1. Intrisic: based on fundamental 2. Relative: compare based on similar companies 3. Contingent claim: Companies which will only profit if certain events happen assumption of valuation: MARKET MAKES MISTAKES
@huynhtien1234 жыл бұрын
Dear Professor, Thanks very much for your videos. Now I can be your so-called student. Your sharing helps millions of students around the world, especially those with a developing financial market in their country but lack of these lessons like Vietnam. Thank you very much again and wish Professor health and happiness. Tien Huynh
@clumeroo3 жыл бұрын
This was fantastic. I loved the way you can teach this concept through effective metaphor. Thank you
@shaikhmohammadalavee41012 жыл бұрын
Thank you professor. I read your book during my MBA. But to my surprise, you have shared it all for free on KZfaq! Prayers and best wishes for you.
@marvinmarcos3 жыл бұрын
Thank you for this Aswath. I appreciate you sharing this.
@JammesNova3 жыл бұрын
so honest and so truthful - i love Aswath! my fave!
@dhruv40332 жыл бұрын
Wow thanks a lot Sir for sharing your knowledge N experience.
@dis750frontdesk52 жыл бұрын
Feel like I a got a FREE college education! Appreciate you sharing the lecture Prof. AD! Many fundamentals regarding valuation can be applied to other aspects of life.
@rwewrwew62511 ай бұрын
Professor thank you for sharing your wisdom. I wish you the best life has to offer sir.
@diegogauna91442 жыл бұрын
You are a genius Aswath. This introduction is really useful to understand why we are doing valuations. Thanks for sharing!!
@estebanmercado79063 жыл бұрын
This video was shared by my teacher from the University of Guadalajara, awesome content.
@ekowahyudi16425 жыл бұрын
I am not even good at English but this video really easy to understand. I like the explanation of herd mentality but don't really know about lemmings. Up untill now I don't know what kind of valuation that I used,. But after watching this I know now that I used relative valuation and finally realised it's weakness. Thanks for sharing
@rishabhsinghal2165 Жыл бұрын
Thank you for putting this valuable content online for everyone.
@elbertshanid81152 жыл бұрын
This channel is a gold mine
@Nigromancy3 жыл бұрын
Thank you so much, your videos are probably the most helpful I've found on investing and valuation - I really appreciate the time and effort you've put in to making these videos and I'm going to watch them all 😁👍
@manishsharma2178 Жыл бұрын
I cant believe this was made 8 years ago, quality can still beat alot of youtubers
@shridharkadam13702 жыл бұрын
Thanks for uploading such a high quality content. I am delighted to learn from you.
@gregorybattis95885 жыл бұрын
I have watched about 20 hours of these videos and Aswath is one of the best teachers out there. He has a good personality compared to many professors at university that I have attended. He teaches in a very clear manner and does an outstanding job of relaying important information and clear concepts. Id love to go to his lectures in person.
@mutiararamadhani58153 жыл бұрын
Can I know who else doing that good?
@gregorybattis95883 жыл бұрын
@@mutiararamadhani5815 Andrew Lo although there are not as many lectures by him his Finance Theory 1 class really helped me and I still go back to the series occasionally for foundations.
@mutiararamadhani58153 жыл бұрын
@@gregorybattis9588 thanks!
@b1a1p1p1a12 жыл бұрын
Hands down the best video i found on youtube about valuation !!! thank you sir
@claudelinoliveira2 жыл бұрын
Excellent class! I am very surprised about how clear he was!
@Ricardojs59 жыл бұрын
I took the CVA exam a week ago, and was reading these past few days to keep touching up on areas I would like to improve. Then I decided to look for a video online, and I'm glad I did. I am going to watch all the sessions. You are an excellent teacher/speaker and have my undivided attention.
@AnjaliGupta-ld5rc6 жыл бұрын
Hi Rick, now you can meet Prof. Ashwath and learn from the Masterguru himself !! He will discuss about Business Valuation in a 2-Days Intensive Training. Share your e-mail id and I will mail you the details.
@WallStreetGURU6 жыл бұрын
Rick Saavedra q
@foodie19743 жыл бұрын
Hello, what is CVA EXAM
@AJ-iu6nw2 жыл бұрын
@@foodie1974 Hello, he meant CFA exam
@Rishi2015 Жыл бұрын
I wish I could go back to time of your comment
@fritzauguste66697 жыл бұрын
Calm Voice, obviously well educated with experience to back things up. Wish i stumble upon this class earlier. I would love the chance to meet with you. Thank you , Fritzlor
@AnjaliGupta-ld5rc6 жыл бұрын
Hi Fritz, now you can meet Prof. Ashwath and learn from the Masterguru himself !! He will discuss about Business Valuation in a 2-Days Intensive Training. Share your e-mail id and I will mail you the details.
@thomasabraham23316 жыл бұрын
would also like the same - thomasabvnew@gmail.com. thanks
@AnjaliGupta-ld5rc6 жыл бұрын
Please check your inbox. Thanks.
@fardeenakhtar10226 жыл бұрын
Anjali Gupta hii i want to join too...fardeenakhtar2@gmail.com...thanks
@AnjaliGupta-ld5rc6 жыл бұрын
HELLO, kindly check your inbox, I have written to you. In case its not in inbox, pls check spam folder as well.Thanks!!
@evgenigeorgiev84514 жыл бұрын
Amazing stuff, I look forward to digging into the course!:)
@scottland906 Жыл бұрын
It's awesome how easy he makes this stuff... really difficult to do in most of the finance courses I've been apart of.
@anjulanegi1195 жыл бұрын
great set of videos, sharing with my students
@fahmid19712 жыл бұрын
You are a genius. Thank you for sharing your knowledge.
@ozzyfromspace6 жыл бұрын
Wow, I immediately wanted to learn more. This man gives off the vibe of educator more than schooler. Great video, I'm excited to follow the rest of your series. Yours, Float Circuit.
@jekt19553 жыл бұрын
Oh my good!!! I'm so happy to find this channel. I'm hooked
@mahendratonape274 жыл бұрын
Thank you very much Sir for such very nice lecture on valuations...👍🙏🙏
@shivaninirmal4017 Жыл бұрын
much appreciated, for all content . Certainly you’re the second best instructor that I’ve come across Thankyousomuch Sir.
@JeffPittman2 жыл бұрын
A sincere thank you for this course.
@davidalen92795 жыл бұрын
brilliant. calm clear concise. thank you.
@benphua7 жыл бұрын
Love the format Prof, short, sweet, direct to the point, awesome for online viewers
@AnjaliGupta-ld5rc6 жыл бұрын
Hi Benjamin, now you can meet Prof. Ashwath and learn from the Masterguru himself !! He will discuss about Business Valuation in a 2-Days Intensive Training. Share your e-mail id and I will mail you the details.
@satyendrakumarshrivastava1524 Жыл бұрын
I am not from This background , but The way he explain everything is fantastic . I understand each words of his without any problem . Looking fwd to read his books 👍
@Zeronum24 жыл бұрын
This was actually pretty helpful. Thank you so much. -your forever fan
@brikilan3 жыл бұрын
That's amazing! A really enormous thanks from a brazilian student!
@dsmsundaram27512 жыл бұрын
Sir you are simply marvellous. May The Lord Bless You Forever.