I was listening to this podcast yesterday and thought that it was a great resource that investors need to hear and keep in mind. It fits in nicely with a lot of the discussion I’ve been having with others in the investing community regarding valuation. It addresses a lot of points that I was trying to make in this post on Market Timing. Have a listen and feel free to share your thoughts/comments below.
Short Bio: Aswath Damodaran is Professor of Finance at New York University Stern School of Business. Professor Damodaran received a B.A. in Accounting from Madras University and a M.S. in Management from the Indian Institute of Management. He earned an M.B.A. (1981) and then Ph.D. (1985), both in Finance, from the University of California, Los Angeles. His student accolades are no less impressive: he has been voted “Professor of the Year” by the graduating M.B.A. class five times during his career at NYU. In addition to myriad publications in academic journals, Professor Damodaran is the author of several highly-regarded and widely-used academic texts on Valuation, Corporate Finance, and Investment Management. Professor Damodaran currently teaches Corporate Finance and Equity Instruments & Markets. His research interests include Information and Prices, Real Estate, and Valuation.
Podcast length: 1hr 22m