Aswath Damodaran

In this engaging discussion, Aswath Damodaran, a renowned NYU finance professor known as the Dean of Valuation, delves into the intricacies of investment philosophy and macroeconomic risks. He analyzes NVIDIA's remarkable market surge and questions its valuation amidst AI hype. The conversation also covers the impact of rising interest rates, the evolving U.S.-China relationship, and the complexities of valuing franchises like NFL teams. Damodaran critiques the implications of recent banking instability and emphasizes a return to fundamental market analysis over reliance on the Federal Reserve.

Aswath Damodaran, a renowned Professor of Finance at NYU, shares his deep insights on investing. He explores the intricate relationship between inflation and investment strategies, reflecting on historical lessons from previous decades. The conversation also critiques the complexities of using return on invested capital (ROIC) and emphasizes the need for a broader perspective in evaluating companies. Damodaran discusses the evolving landscape of investment strategies, encouraging deeper valuations and adaptability in the face of technological advancements.

In this engaging discussion, Aswath Damodaran, a finance professor at NYU Stern and renowned valuation expert, shares insights into the evolving AI landscape, particularly focusing on Palantir's potential to lead the market. He explores the disruptive impact of DeepSeek and its implications for traditional valuations. Reflecting on recent tariffs, Damodaran offers his perspective on whether Tesla and Nvidia may be overvalued and critiques Intel for its market punishment. It's a deep dive into how tech dynamics are reshaping investment strategies.

Aswath Damodaran, a revered NYU professor and valuation expert, dives into the nuances of modern investing. He discusses how technological advancements alter valuation thinking and the pivotal role of intangible assets. Listeners gain insights into choosing discount rates and the implications of the US treasury rate. Aswath shares updated perspectives on companies like Nvidia and Meta, critiques buy-and-hold strategies, and emphasizes the need for statistical understanding in investing. A masterclass for anyone keen on refining their investment approach!

Aswath Damodaran, a distinguished NYU professor known for his expertise in corporate finance and valuation, dives into the corporate life cycle. He highlights the need for value investors to adapt their strategies based on a company's life stage, comparing corporate evolution to human aging. Insights into Tesla's changing narrative emphasize the difference between valuation and market sentiment. Damodaran also discusses the importance of management skills evolving with the business lifecycle and encourages embracing creative destruction for long-term success.

Aswath Damodaran, the Professor of Finance at NYU's Stern School, dives into the intricacies of stock market valuations in light of Trump's policies. He debates whether the market is overvalued, particularly amidst rising tech stock concerns and the dominance of 'MAG-7' companies. The conversation touches on the impact of trade tensions and immigration policies on corporate decisions and IPO activities, while also analyzing the stock performance of companies like NVIDIA and Palantir amidst broader economic challenges.

Aswath Damodaran, a renowned finance professor at NYU, shares his insights on the current tech market and NVIDIA's valuation. He discusses the intriguing balance between AI's rise and its potential to squeeze profit margins across industries. Damodaran also highlights the psychological nuances of investing, reflecting on his own decisions with NVIDIA shares. He emphasizes the importance of strategic investing in a rapidly changing landscape, where select sectors may present overlooked opportunities despite rising interest rates.

Bloomberg Radio host Barry Ritholtz speaks with Aswath Damodaran, who holds the Kerschner Family Chair in Finance Education at New York University's Stern School of Business. A nine-time "Professor of the Year" winner at NYU, Damodaran teaches classes in corporate finance and valuation to MBA students. He has also written several books on corporate finance and equity valuation and has published widely in journals. He received his MBA and Ph.D. from the University of California at Los Angeles. His next book, "The Corporate Lifecycle: Business, Investment, and Management Implications," will be published in December. See omnystudio.com/listener for privacy information.

Aswath Damodaran, a finance professor at NYU Stern and valuation expert, joins to dissect recent market movements. They delve into WeWork’s surprising bankruptcy and assess the implications of steady interest rates set by the Fed. The discussion touches on how giants like Meta and Netflix are navigating the streaming landscape. Damodaran also shares fresh insights on Tesla's valuation and the impact of emerging trends like the Ozempic effect on companies. It's a vibrant conversation evaluating the interplay of leadership and market dynamics.

IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro03:53 - The importance of having an investment philosophy and how to figure out what your investment philosophy is. The difference between having an investment philosophy and strategy. 03:53 - An example of what a growth investor’s investment philosophy may be, such as the famous growth investor Peter Lynch. 08:22 - Why Aswath believes it’s better to be a generalist than a specialist in one area of investing.   15:00 - What are value drivers and how to apply them in our valuation process? 15:00 - The 5 basic variables we need to value any business. 24:27 - How to convert these value drivers into a DCF or intrinsic value model.  26:23 - The most common mistakes investors make when valuing a company and how to avoid these. 26:23 - Aswath’s test on how to figure out if your growth rate is reasonable.   29:23 - How to figure out what discount rate we should use? 36:11 - Why Aswath doesn’t believe in a “hold forever mentality” of stocks in a value investing approach. 37:24 - How often we should revisit our valuations for companies?  56:53 - How do companies get on Aswath’s radar? And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Check out Aswath's Website.  Check out Aswath’s YouTube Channel. Related Episode: Listen to MI226: Investing in Small Cap Stocks w/ Rayna Lesser Hannaway, or watch the video.  Related Episode: Listen to RWH005: Meet the Master w/ Aswath Damodaran, or watch the video. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORSSupport our free podcast by supporting our sponsors: Airbnb Range Rover Meyka Fundrise NetSuite Connect with Aswath: LinkedIn | Twitter Connect With Rebecca: Twitter | InstagramHELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm