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10 November 2020 Multimedia

Crisis as Crucible: COVID Lessons Learned, Unlearned, and Relearned

Aswath Damodaran

Participants will take a deep dive into equity valuation with Professor Aswath Damodaran who will share investment lessons from the COVID crisis.

Every crisis has three stages:

  • First, you lose perspective trying to understand what is happening on a day-to-day basis
  • Next, confrontations with the unusual and uncommon cause you to lose faith in everything that you thought you knew
  • Finally, you outsource your thinking and look to experts who can tell you what to do

Professor Damodaran will share lessons learned during the COVID crisis — markets are not as chaotic as they look, fundamentals matter more than ever, there is no such a thing as “smart money,” and storytelling remains important.