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Ep 33: Aswath Damodaran on Investing
Brave New World -- hosted by Vasant Dhar
Spread Your Bets Across Financial Assets
In 1981, Lou Ranieri created the mortgage-backed security market. We securitized real estate like there was going out of style. Since the mid-90s, real estate has started to behave like a financial asset class. If inflation stays high, we're going to find out how much damage we've done to real estate as an inflation hedge.
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