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.