Aswath Damodaran – Laws of Valuation: Revealing the Myths and Misconceptions - Nordic Business Forum
1,507,598
Published 2018-11-12
Key points:
• All companies go through life cycles - they are born, they grow, they mature and they decline.
• The focus of a company needs to change as it moves through the life cycle - companies need to act as is appropriate for their age.
• The qualities of a good CEO also change in the different stages of a company’s life cycle.
• Valuation shouldn’t only be about numbers - a good valuation also has a story embedded in it.
Key questions:
• What life cycle is your company going through at the moment?
• Is your company “acting its age”?
• Is the focus of your company appropriate to its age?
• Does your valuation tell a story?
You can also find a written summary of the keynote at www.nbforum.com/event-summaries/
Bio:
Aswath Damodaran is the Kerschner Family Chair Professor of Finance at the Stern School of Business at New York University. He teaches corporate finance and valuation courses in the MBA program. He received his MBA and Ph.D. from the University of California at Los Angeles. His research interests lie in valuation, portfolio management, and applied corporate finance. He has published in the Journal of Financial and Quantitative Analysis, the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies. He has also written four books on valuation (Damodaran on Valuation, Investment Valuation, The Dark Side of Valuation, The Little Book of Valuation), and two on corporate finance (Corporate Finance: Theory and Practice, Applied Corporate Finance: A User’s Manual).
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This presentation took place at Nordic Business Forum 2018 on 26.-27. September in Helsinki, Finland. The event gathered together 7500 CEOs, top executives, and entrepreneurs from over 40 countries.
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Website: www.nbforum.com/
Facebook: www.facebook.com/nbforum.fi
Twitter: www.twitter.com/NBForumHQ
Instagram: instagram.com/NBForumHQ
LinkedIn: www.linkedin.com/company/nordic-business-forum
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All Comments (21)
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Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
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YouTube really amazes me man, sometimes you watch cat videos for hours and sometimes you stumble across some life-changing peace of advices. Great Presantation! I'm a big fan of Prof. Damodaran and the incredible knowledge he's passing on👏👏
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I can't even recall when was the last time I heard a lucid delivery like this one. Hats off to him!!
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Prof. Aswath Damodaran comes from an illustrious lineage. His paternal grand father was Sir Ramaswamy Mudaliar of the famed Arcot Twins. His parents AR Damodaran and Andal Damodaran were social entrepreneurs and founders of ARLM School of Cuddalore TN India. A proud alum of that school. 🙏
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I have been an ardent fan and follower of Professor Damodaran for over 30 years. He made me a fundamentalist. Today he has evolved and thanks to him, so have I. What a brilliant mind.
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We are already in a big crash Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
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It's not everytime you see a video on YouTube that you wish has no end.
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This man is a real global treasury that deserved to be glorified, he Should have been Nobel prize winner for what he has been doing
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Been flowing him for years but first time I have seen him teach. Brilliant.
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When Aswath was born, Finance called him the farther!
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Do you haters not understand this is the god king of equity valuation?
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a deeply passionate academic about a subject that is garnering a lot of attention: valuation.
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Aside from his obvious mastery of the subject, his delivery is so smooth, effortless and articulate. He has been speaking in front of audiences for decades but does not take away his dominant presence on stage.
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His confidence speaks, about his experience.. Excellent.
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If this professor puts together an index fund , I’ll definitely invest in it.
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Thxs Proffesor. Brilliant, as usual. Once more: My respects
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i just wanted to browse through but watched the entire keynote, one of the best speech I watched this year
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Such an awesome presentation. Legendary. Kudos to Mr aswath.
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such a great talk I have ever seen . Thank you so much Damodaran. Wish to see you one day!
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Wow. This guys really knows how to give a lecture. Amazing.
