Perception, Illusion and Reality: Stock Splits and Index Inclusions (Exclusions)

[@brendansmith7842]

Saw you on cnbc yesterday Professor. Always look forward to ur appearances

[@GrowWithWill]

Prof always offers such grounded value regardless of the market.

[@abhinavagrawal1403]

One of the best explanations! Thanks Prof!

[@charlypavon5754]

Thanks for your videos, your explanations are so clear I wish I could have had you as a professor

[@inversionero]

Interesting points of view! Same about the framework!

[@colinwong2450]

thanks again for all your videos, i rarely comment. But these are some of the most useful videos online, always informative and objective!

[@cristiclaudiu]

Thank you so much for these videos! really helpfull

[@kevinferguson4096]

Would love to see a valuation of HCA Healthcare...with all the talk about Healthcare policy reform due to high cost of healthcare, it would be great to see your valuation on the largest for-profit hospital chain in the US. Thanks!

[@ocaseyiii]

Excellent framework for thinking about these types of events. FYI: The link to your slides does not appear to be working at the moment.

[@ocaseyiii]

The link to the slides is working now. Thank you!

[@tharkithulla1350]

Respected sir , what your predections on Tesla bubble burst

[@onipepperonni2088]

Thank you Sir! You are awesome!

[@ramjiYahoo]

Always great to hear from you Prof Sir- continuous learning

[@santiagoaguadorusso973]

Adding Tesla to the S&P 500 will create massive buying pressure from those indexes that track the S&P 500 and will have to buy the company no matter the price. If they don’t, they will increase the tracking error (bad for the fund). This means the price should go up in the short term after the announcement (by the way, Tesla has been profitable for four quarters in a row and the $5bn equity offering is most likely to provide some more liquidity before they include the company in the index)

[@JonesDawg]

Great insights, Professor!

[@arjunpandya4030]

Thank you professor 🙏. It is great to hear this from you .I have always wondered what effect stock split has . One advantage which I studied is price discovery and liquidity . One more point is in relation to CSR corporate social responsibility . If my shares are priced very high my employees and consumers other stakeholders might feel they are not getting their due benefits . We are seeing it happen with Amazon 😁

[@jvnkalyan6610]

Information in this video is very informative, and thanks for sharing with us

[@TomerBenDavid]

Thanks I'm learning . 😀

[@pedropacheco9608]

Good morning, Professor. Are you going to make your accounting classes available to the public anytime soon? Really looking forward to them.

[@RishabhGupta006]

Come to India sir, we need teachers like you here

[@CoolDip0077]

i am a doctor.. want to learn economics again seeing your videos

[@AswathDamodaranonValuation]

But don’t give up your day job. We need doctors more than we need economists...

[@uncleswell]

Hi Aswath, the accounting playlist you recently uploaded is set to private. Are you planning on making this public? Is there any way I can get access to it otherwise? Thanks a TON(!) for the awesome videos.

[@kevinpimentel2450]

Very good explanation, i had some concerns about how irrational are the people who believe a stock split is the best time to buy, more when it comes to a company as Apple or Tesla, thanks for sharing all your knowledge. Our University in El Salvador introduce me to your Beta's webpage, now i am a fan of this youtube channel.

[@sureshlahoti1076]

Excellent please make similar presentation of Reliance take over of Part of future group Valuation of reliance and Future enterprise Before and after the event

[@theharsh2005]

Thank you for posting these. Easy to follow for not so smart folks like myself :)

[@Elgallar23]

There is nothing done at the stock market that can change the value of a company, at all. Excluding when a good company does a buyback when the stock is at a great discount on the stock market, they own more of their company at a lesser price. It’s practically stealing, lol. It’s always good when a company does it, it’s good for the company and for the shareholders.

[@HeuristicalWorker]

Namaste. Shri guru namah!

[@Daniel-uh5cu]

Slides aren't downloading.

[@ocaseyiii]

They are as of right now at least.

[@noamy76]

Must Exchange Traded Fund sell the stocks that are out of an index and buy the added ones by default? That can push the price up short term , am I missing something?

[@debashreemishra895]

My Guru🙏🙏

[@Dreamdreams350]

Aswath all your points are valid. But when the market is over run buy retail investors market truths are thrown out the window. These investors rush to buy company stocks after splits because they believe the stock will soon go back to what it was previously trading before the splits

[@henryzhang9915]

I have cash ready to invest, this is what I need.

[@diwang4572]

Professor, I am a Junior studying CS at CAS. I really love your teachings and I personally love financial market like crazy. Would you please allow me to join your zoom class in the Fall? I will not interrupt

[@danielheckel2755]

He actually uploads his classes to KZbin. Check his playlists.

[@pelusin2]

Excellent!

[@kartikgee]

Amazing video!

[@Михаил-д6х1з]

An argument for stock splits is that it increases the potential investor base, making the share in a company more affordable for those who would have liked to invest, but didn't have the money. It is especially evident with stocks like Berkshire Hathaway that are currently priced at more than $300k.

[@zacharyseng5314]

"I only do-business/work-for S&P 500 companies." So there may be a value effect on In(Ex)clusion here. LOL, highly sarcastic... or maybe not?

[@bloodbathy]

It is kind of marketing...

[@edu2857]

I just don't get how you can say the small investor has driven the price up without any real evidence. This narrative is so bogus. Millions of shares are trading hands everyday. The small investor doesn't have that kind of bankroll. And they aren't always the "marginal" investor. This stock has gone up before, during and after robinhood traders jumped on board.

[@MarieCrossbow]

"In(Ex)cousins" should be "In(Exc)lusions"

[@AswathDamodaranonValuation]

Sorry. That was Google applying spell check and replacing clusions with cousins...

[@pelusin2]

Nothing against ex cousins