2min chapter

Brave New World -- hosted by Vasant Dhar cover image

Ep 33: Aswath Damodaran on Investing

Brave New World -- hosted by Vasant Dhar

CHAPTER

Are You an Algorithm or an Entity That Exercises Judgment?

I think we've outsourced too much about thinking to investment managers that we think are special. And I think it's better to claim ownership of that and make decisions that are, in fact, your decisions. When I first value Tesla, I gave it margins closer to that of the margins of automobile companies.

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