In this presentation, Aswath Damodaran gives his big picture perspectives on six lessons he has learned in the years that he has taught, done and acted on his valuations.
In this presentation, Aswath Damodaran gives his big picture perspective on six lessons he has learned in the years that he has taught, done and acted on his valuations, including:
- Accounting is not finance
- Just because you have a D and a CF, it does not mean you have a DCF
- Valuation is not modeling
- It is better to be accurate than precise, and accuracy is relative
- Price is not value
- Investing is faith
This is an archived recording of a live broadcast that took place on 16 September 2016.