The Long View

Aswath Damodaran: A Valuation Expert’s Take on Inflation, Stock Buybacks, ESG, and More

Valuation requires an act of faith rather than a pursuit of absolute certainty, as markets are inherently unpredictable and prone to surprises. Aswath Damodaran, Professor of Finance at NYU and renowned valuation expert, argues that successful investing relies on being less wrong than the market rather than achieving p...