Aswath Damodaran | Stern School of Business at NYU
Professor of Finance
He is the author of “Investment Valuation” and many times awarded teacher fascinated by finance & markets.
He has received his MBA and Ph.D degrees from the University of California at Los Angeles. His research interests lie in valuation, portfolio management and applied corporate finance. Aswath is teaching finance and valuation at the Stern School of Business at New York University.
Aswath Damodaran has written many books on valuation and corporate finance. And his blog, Musings on Markets, has been selected by the Times of London as one of the top ten stock market blogs in the world.
Listen to Aswath’s episode I
How to ensure your profits as an investor?
- Why companies should act their age?
- What are the foundations of a successful company?
- How to ensure your profits as an investor?
- 2:45 Why companies should act their age and what does it mean?
- 5:00 What does Aswath think people get most wrong when thinking about ownership and owning publicly traded companies?
- 6:13 Most of the rules of thumb in investing are outdated.
- 7:22 The fundamentals that drive prices are pretty much the same around the world.
- 7:53 The most successful young technology companies are operated on two channels: bringing more users and building a business.
- 10:46 Giving fixed dividends is an outdated system from the 1800s.
- 14:13 Young companies should invest money to innovations but old companies should give out more dividends instead of new innovations.
- 16:11 About Amazon and why almost all big companies view it as a massive threat.
- 18:24 How to protect yourself as an investor when investing on young growth companies?
- 23:02 Aswath thinks it’s super important that companies hold on to their culture – but also see the culture as a dynamic thing that reflects the world we’re living.
- 26:07 Young people want to own a lot but why are companies even as big as Apple so terrified about it?
Choose your favorite application to listen the episode.
Listen to Aswath’s episode II
How to combine social responsibility with running a profitable company?
Listen Aswath’s episode part I here.
- What should cryptocurrencies do in order to succeed?
- Why 24/7 trading isn't necessarily a good thing?
- Is the trend of corporate social responsibility mostly PR?
- 1:00 About cryptocurrencies and why the current ones are so problematic – even destined to fail.
- 8:47 When you can trade 24/7, you’re most often trading for emotional not intellectual reasons.
- 11:26 About Larry Fink and BlackRock.
- 17:42 Why Aswath thinks companies shouldn’t give out money to charities instead of giving it to their shareholders.
- 20:02 Ownership is going to get even less democratic, the wealthiest are going to get wealthier and the poor even poorer.
- 23:03 Poverty has been decreasing, but in fact mostly China and India have grown economically. World has less pure poverty and less hunger but also more people who are left behind and feel like the system is not fair to them.
- 25:12 Aswath fears that when the Chinese economy enters recession it’s going to show it’s weaknesses. And that could lead not only to economical but also political unrest.
- 26:57 Issues on universal basic income and why there should be a global consensus about it between countries.
- 29:04 Markets are flexible mechanisms that have no egos. Experts and governments have egos and hate to admit being wrong.
- 32:23 Advices for success Aswath gives to our listeners.
- 33:32 Where to find out more about Aswath Damodaran and his thoughts.