Valuation 101 with Aswath Damodaran: Every Number Tells a Story

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Күн бұрын

For investors of any level, getting your head around valuation is one of the most challenging aspects of investing. So to help us build our skills, we’ve turned to one of the world’s best-known experts on valuation, Aswath Damodaran.
Aswath Damodaran is a Professor of Finance at the Stern School of Business at New York University and is known in the finance industry as the “Dean of Valuation”.
In this episode we cover:
- How Aswath introduces students to valuation at NYU
- Key concepts of valuation including: price v value, the four drivers of valuation, and probabilistic margins of safety
- How Aswath advises beginners to approach valuation
- Growth in Big Tech and how Aswath thinks about valuing the Magnificent 7
- How inflation and interest rates can affect valuation
… and so much more

Пікірлер: 22

@realbobbyaxel 3 ай бұрын

Time Stamps would make a big difference

@danielteixeira6497 2 ай бұрын

Bro delivered

@tomoflaherty3018 Ай бұрын

Well done guys! One of the best guests I've seen on an Aus finance podcast 🎉. He also posts all his lectures from NYU on KZfaq

@coreyhahn2887 2 ай бұрын

Very sound teacher. He speaks like a true investor yet most people can comprehend his points. One of the best people to follow to learn the market imo for retail traders yet teaches people from hedge funds or students soon to be at institutions

@dh6097 3 ай бұрын

Wonderful interview & discussion. Thank you!

@samyueldanyo8679 3 ай бұрын

I agree with the prof that by adding a margin of safety one might miss undervalued stocks in as much or more occurrences as one would avoid overvalued ones but one should also apply an impact factor on each event. I.E. for me the impact of buying something overvalued is much greater than missing something undervalued (loosing money vs not making on this particular opportunity) because I do not need to buy every undervalued stock but I want to avoid every overvalued one - in other words I am fine missing most undervalued stock as long as I can buy 5 of them and if I avoid every overvalued one - I will do fine. That is on top of the notion of the degree of over or undervalued. The more overvalued a stock is a margin of safety is more effective in avoiding it. The more undervalued a stock is - the less probable is the margin of safety would cause one to miss it. Hence the expected return impact is asymmetric. Thanks for the conversation.

@frankle246 3 ай бұрын

WB rule #1: Don't loose money ( either buy bad biz or good biz at too high price)

@kaumallose6198 3 ай бұрын

Great discussion

@Kep19901 2 ай бұрын

I would love to hear aswath's opinion on the etf AVUV and american centruy investments/avantis

@chrisbuckley3403 3 ай бұрын

Good one lads

@cocoarecords 3 ай бұрын

Amazing wow

@sushil6509 2 ай бұрын

What is Is valuation work?

@Don_Gorgan 3 ай бұрын

Bought nvidia when it was to be over priced. I thought I might have bought too late..it has gone up 119% since. So, doing okay.

@svladylen 3 ай бұрын

To end this story well don't forget to sell till you are up on it

@ian_pedalz 3 ай бұрын

What’s your price to sell? At what point do you say, I’ve made enough let me pick another company to invest my money in?

@heavyduty5125 3 ай бұрын

@@ian_pedalzBy not fixing a share price target

@ian_pedalz 3 ай бұрын

@@heavyduty5125 so your thesis on future price target is based off of? Everyone talks about nvidia like they can do no wrong so I’m just curious.

@kk22001 3 ай бұрын

Bunch of jesters talking crap

@cocoarecords 3 ай бұрын

Only jester talking crap is you lol

@kk22001 3 ай бұрын

@@cocoarecords - Put to action what these jesters mentioned and tell me after that you earn money. I can almost guarantee you eat your words.

@cocoarecords 3 ай бұрын

@@kk22001 words are not double cheeseburgers 😉 to be eaten

@sushil6509 2 ай бұрын

@@kk22001Well ig you don't know what ashwath teaches He does that in a better way what most of the world is doing already before investing