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Corporate Teenage Wasteland (with Aswath Damodaran)

Stay Tuned with Preet

00:00

Is Amazon Overvalued or Overpriced?

I don't invest based on value expecting to get rewarded. I investbased on value because I expected if I live long enough and if I'm right on value, eventually I'm going to see a payoff. It's the way the world is. And it happens to be true that with most young growth companies markets overshoot and they undershoot. As an investor, I think of that as opportunity when they overshoot, I sell when they're undershoot I buy.

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