For investors of any level, getting your head around valuation is one of the most challenging aspects of investing. So to help us build our skills, we’ve turned to one of the world’s best-known experts on valuation, Aswath Damodaran.

Aswath Damodaran is a Professor of Finance at the Stern School of Business at New York University and is known in the finance industry as the “Dean of Valuation”.

In this episode we cover:

How Aswath introduces students to valuation at NYU
Key concepts of valuation including: price v value, the four drivers of valuation, and probabilistic margins of safety
How Aswath advises beginners to approach valuation
Growth in Big Tech and how Aswath thinks about valuing the Magnificent 7
How inflation and interest rates can affect valuation
… and so much more

Want to ask a question or join us on the podcast, hit us up via our website.

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Want to keep learning? Check out the Rask + Equity Mates investing courses.

We’ve worked with the team at Rask Invest to produce two great investing courses:

Get Started Investing is a free course that covers all the basics of investing and how to start building your portfolio
The Value Investor Program goes deep into stock selection and valuation.

For a limited time, we’re offering $100 off the Value Investor Program with the code: MATES.

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In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.

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Equity Mates Investing is a product of Equity Mates Media.

This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives.

Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.

Equity Mates Media operates under Australian Financial Services Licence 540697.

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NewsNation The Hill 2025-06-25