Stephen Penman
Professor emeritus of accounting and security analysis at Columbia Business School. Has been elected into the Accounting Hall of Fame and is also a distinguished author.
Best podcasts with Stephen Penman
Ranked by the Snipd community
31 snips
Aug 26, 2025 • 59min
#74 Stephen Penman: Financial Statement Analysis for Value Investing
Stephen Penman, a renowned professor emeritus at Columbia Business School, brings his expertise in accounting and security analysis. He shares insights from his latest book that delves into how accounting supports investment evaluations. The conversation touches on the importance of patience in value investing, skepticism towards traditional valuation models, and the evolution of accounting practices, especially in light of climate change and AI's future impact. Penman also reflects on his own investment philosophy and offers valuable book recommendations.
Dec 11, 2023 • 1h 10min
#52 Stephen Penman: Accounting for Value
Stephen Penman, Professor of accounting and security analysis at Columbia Business School and Bocconi, discusses the separation between speculation and valuation, the ideal structure of an equity research report, and how to improve as an aspiring investor. They also explore accounting arbitrage, the dangers of passive value investing, and the growing need for accounting knowledge in the finance industry.
