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