I think time is your ally as an investor, but you also have to recognize that sometimes you run out of time before the adjustment happens. The problem is we all claim to have long time horizons because that's what we're expected to say. For most people who manage other people's money, their time horizon is not under their control. It's determined by their clients. So if you manage your own money, that's the power you have, take full advantage of it.
If you know you’re impatient, then value investing isn’t for you. Aswath Damodaran teaches corporate finance and valuation at the Stern School of Business at New York University. Motley Fool CEO Tom Gardner caught up with the “Dean of Valuation” for a discussion on: - Inflation’s new questions for investors - Tesla valuations (from $50 billion to $1 trillion) - Incentives, correlations, and costs in ESG scoring - Jeff Bezos, Elon Musk, and the companies they've built
Stocks mentioned on the show: TSLA, MO, BLK, AMZN
If you're a member of any Motley Fool service you can access the full interview here: https://www.fool.com/premium/live/video/4056/coverage/2022/08/31/navigating-inflation-behavioral-investing-and-mark/
Host: Tom Gardner Guest: Aswath Damodaran Producer: Ricky Mulvey Engineers: Dan Boyd, Austin Morgan
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