The market doesn't seem egregiously overvalued into 2024, says NYU's Aswath Damodaran

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Күн бұрын

Aswath Damodaran, NYU Stern School of Business professor, joins 'Closing Bell' to discuss the rally's staying power and more.

Пікірлер: 62

@williamyejun8508 6 ай бұрын

In my view, staying invested is not just a financial strategy; it's a philosophy that aligns with long-term wealth-building. Markets have their ups and downs, but history has shown that, over time, they tend to appreciate. By weathering the short-term fluctuations and remaining invested, one has the opportunity to benefit from the compounding effect, capitalize on market recoveries, and achieve financial growth. Staying invested requires patience, discipline, and a focus on the bigger picture - a strategy that, in the journey towards wealth, has proven to be consistently rewarding.

@alexyoung3126 6 ай бұрын

Having stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire

@bobbymainz1160 6 ай бұрын

True, some folks employ hedging strategies or devote a portion of their portfolio to defensive assets that perform well during market downturns and such pointers are provided by engaging the services of market experts just like i did in 2019, amid rona-outbreak, and as of today, i can boast of a 45% enhancement on my $1m portfolio after acquiring assets recommended by my expert.

@lawerencemiller9720 6 ай бұрын

I have seen a lot about FAs and actually want to consult some pro. How did you go about it? Is yours any good?

@bobbymainz1160 6 ай бұрын

Natalie Marie Tuttle, advanced lady in her 40s and professional, reserach if you care for supervision.

@lawerencemiller9720 6 ай бұрын

Impressive, I took a look at your advisr. I set up an appointment. I’m looking forward to her reply, I hope she sees my message.

@Javier_Rodri 6 ай бұрын

With the rally we saw in stocks November continue this December? Both speculative and defensive assests are also on the rise. If yes what assets, instruments might those be?

@benalfredo 6 ай бұрын

Don’t be fooled the stock market will go down. The everything rally is fuelled by pure speculation that the Fed with cut rates early next year.

@clintscott3300 6 ай бұрын

The market need several strong performances over the next couple of weeks before we can agree to the narrative that the bear market is over. For now its just FOMO.

@Javier_Rodri 6 ай бұрын

Who is this Monica you speak about? I have been searching for an advisor who can direct us on where the economy is headed next?

@Javier_Rodri 6 ай бұрын

How can i reach her direvtly and are they any upfront fee?

@clintscott3300 6 ай бұрын

I appreciate this share. I set up a call. I am keen on getting to talk to her particularly. Lady looks really great though even with the exams and other stuff.

@cuddyb9631 6 ай бұрын

Opinions on the market diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?.

@alicegomez7232 6 ай бұрын

In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential.

@benjaminsmith3469 6 ай бұрын

A lot of folks downplay the role of advisors/experts until being burnt by their own emotions. I needed a good boost to stay afloat, hence I engaged the services of a true market strategist to help rejuvenate my $700k portfolio and boost performance and returns by 90% in a little over four years.

@ConradGosling 6 ай бұрын

That's incredible! What did you invest in? I'm really interested in this, because I'm in a similar position at the moment. more info needed please

@benjaminsmith3469 6 ай бұрын

’Natalie Carol Nielson’ deserves credit as one of the finest portfolio managers who decides what assets i acquire. Her reputation precedes her, and I highly recommend her on a public post, you can look her up to locate her online if you are internet-savvy

@ConradGosling 6 ай бұрын

Thank you for sharing, I must say, Natalie appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call

@tommyers0 6 ай бұрын

The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

@Bezosjesss 6 ай бұрын

Yes but Investors should be cautious and wary of new buys, especially during this inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.

@georgeh.5126 6 ай бұрын

True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of $520k...that's like 7times more than I average on my own.

@fredm1 6 ай бұрын

That's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.

@georgeh.5126 6 ай бұрын

Heather Lee Larioni is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.

@fredm1 6 ай бұрын

I curiously looked up Heather Lee Larioni online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals

@chrisadams27 6 ай бұрын

The professor is the king there's really no one else to listen to

@greekbarrios 6 ай бұрын

S&P 500 is Up and will do better in 2024, as indicators for profits continue to improve, making investors like me believe that “Santa has come early” to the markets. How to boost a $250k portfolio in order to achieve 7-figures would be appreciated

@Curbalnk 6 ай бұрын

@kashkat987 6 ай бұрын

@@Curbalnk It's true that wise asset allocation is essential. In addition, some people use hedging techniques or allocate a portion of their portfolio to defensive investments that do well in bear markets. Also aided by professional advice, That's how I've managed to survive for the past five years and accumulate about $800k ROI.

@kansasmile 6 ай бұрын

@@kashkat987 wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you dont mind me asking? in dire need of asset allocation

@kashkat987 6 ай бұрын

Can't divulge much 'Monica Selena Park' deserves credit for my investing success as one of the finest financial planners out there, you should be able to locate her online if you are internet-savvy.

@colleen.odegaard 6 ай бұрын

thanks for sharing, could easily spot her site just after inputting her full name on my browser, she replied to my inquiry and we were able to schedule for an introductory business call. I find her highly qualified

@anthonyhernandez1229 6 ай бұрын

Yay! Thank You! Great news...for now

@nooshi196921 6 ай бұрын

I guess the professor forgot his own equity risk premium model thesis. Even at a 4% 10 year, fair value P/E is around 16.5 and not 20X

@kurdi98k 6 ай бұрын

More like 3% 10 year

@nooshi196921 6 ай бұрын

Totally agree but in that case SPY earnings will be closer to $165 and not $240@@kurdi98k

@R3tr0v1ru5 6 ай бұрын

Equal weight is cheaper.

@estring123 6 ай бұрын

yes the professor is talking out of his head here. the overall index is quite overvalued, solely due to nasdaq mega caps, and a few other extremely overvalued stocks like IBM. excluding these stocks, the index is undervalued.

@johnswiecki 6 ай бұрын

that "big tech bounceback" illustration is obscene.

@kurdi98k 6 ай бұрын

Yes but the market thinks treasury yields will come down to 3% hence big money will rotate into equities and wait it out.

@user-ow1bn6qv8q 6 ай бұрын

No it doesn't.

@mephik 6 ай бұрын

Not on your life. Why pour into the return to normal rally when still netting 5+% risk free? And state tax free to boot.

@roxymax8917 6 ай бұрын

Not this time I guess

@mephik 6 ай бұрын

It's like 60-70% buy backs over the last 10 years. You better hope for pristine performance over the next 10 to justify what we're both looking at for valuation.

@stewartmoore5358 6 ай бұрын

Interesting to claim lack of market breadth is a positive, when it's often a massive recessionary indicator.

@MasterRichStocksOptions 6 ай бұрын

😎

@MasterRichStocksOptions 6 ай бұрын

👍

@mauriceMrGrind 5 ай бұрын

This is the same guy who said Tesla was going $140 and to short Apple at $160 😉🤔🤫

@DIYBill 4 ай бұрын

Value vs market price

@mahirhaque1801 5 ай бұрын

Except by every metric

@herokorai8346 6 ай бұрын

If the guest were not Aswath, there is NO way I would be watching Scott's interviews.. I've seen other interviews through the years. Still same old grumpy, grouchy and unprofessional (cutting people off, passive-aggressive comments, etc.).

@slavikpetrakov7822 6 ай бұрын

This guy has been wrong for long I have no idea why anyone ever listens to a word he says. Dude said Tesla and Nvidia was overvalued literally 500% ago.

@zjhuma 6 ай бұрын

Exactly!

@mattdupuy8977 6 ай бұрын

I wouldn't say he is wrong. Have you done a valuation on tesla or NVDA? If so I would like to see it. The stocks most likely are overvalued, but that doesn't mean more money isn't going to pile in to the company to run the stock up with a forward looking mindset. From a valuation stand point, I'd bet he is 100% right.

@Ro22666 6 ай бұрын

Price is not value. Risk reward isn’t great for those two.

@estring123 6 ай бұрын

and he's right? nvidia is just being manipulated up by big wall st guys