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

Investing in Facebook - I Don't Know What the Story Is

Facebook is a company that invades, I'm going to say invades is a bad word, that essentially uses private data to deliver focused advertising. The fact that they changed their name to Med, trouble me even more because at least change in name. But me changing name from Philip Morris to Altria, I don't suddenly forget the fact that you made cigarettes and that there's all these cancer cases that I have to worry about. You're still Altria. So name changes seldom take away the toxicity.

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