Valuation Lessons, Investing, & Life w/ Aswath Damodaran

[@TheInvestorsPodcastNetwork]

It was an absolute delight speaking with Aswath Damodaran on the #RicherWiserHappier podcast. We talked about valuing stocks; his views on Bitcoin, Tesla, Amazon & Alibaba; his skepticism about ESG; and a whole lot more. Hope you enjoy it! - William We hope you enjoyed this episode as much as we did. Please let us know your thoughts in the comments section! IMPORTANT: Please beware of cyber scams & phishing attacks. We have received reports of fake accounts claiming to be affiliated with The Investor's Podcast Network or posing as one of our hosts. Please help us report those suspicious accounts. We will never reach out to you for any business or investment opportunity. Stay vigilant!

[@Meditationmiamibeach]

As I mentioned in Omaha, I am sure there are many, many people like me that had their life changed by Prof. Damodaran’s generosity. This is also the best interview I have heard of Prof. Damodaran (and I have heard many). Thanks!

[@SuperLocotaco]

0

[@urmihossain]

you brought the best guest ever!

[@TheInvestorsPodcastNetwork]

So happy to hear you enjoyed the episode!

[@ramyasri6093]

Totally agree

[@kshetrimayumchetan5106]

​@@TheInvestorsPodcastNetworkHappy New year 😊

[@TheInvestorsPodcastNetwork]

@@kshetrimayumchetan5106 Happy New Year!💥

[@Yermek.Suleimen]

Agree

[@HomoOeconomicus999]

It amazes me how humble he is; he basically takes all youtuber requests and he talks for hours; he shares every kind of data and study materials on his webpage/KZbin Chanel, my finance professor had a huge arrogance and ego.

[@TheInvestorsPodcastNetwork]

Thank you for watching!

[@robbarnett6530]

Professor Damodaran is a gift to the investing world. I am very grateful for having had the opportunity to attend his course at NYU. I attribute all of my investing success to him. Thank you for this very thoughtful interview with this legendary educator. Best regards, Rob.

[@TheInvestorsPodcastNetwork]

Thank you so much for watching, Rob!

[@TooAjit2Quit]

I went into this interview expecting a dry lesson on stock valuations and came out with a masterclass on living life with purpose and intention. Tremendous wisdom, thank you for sharing.

[@TheInvestorsPodcastNetwork]

So happy to hear that, Ajit!

[@santomenon3689]

Thoroughly enjoyed it. He plays the devils advocate to the hilt. If i were to be the CEO, i will make him the Chief Conscience Officer.

[@TheInvestorsPodcastNetwork]

Glad you enjoyed it!

[@conw_y]

Aswath is like a Zen master!

[@TheInvestorsPodcastNetwork]

Thank you so much, Jonathan!

[@rahulgoyal9445]

Aswath damodaran bring me to this page and I am really happy that I can find rich content on this channel as well

[@VanNguyen2010]

I consider myself being extremely lucky as I came across this interview. There are so much that I can relate including the joy (and the luxury) to be alone and keep myself away from all the noise. This interview is filled with wisdom, humility and lessons for life. I actually downloaded this as I know I would want to listen to it again. Thank you, an awesome interviewer who is extremely good at listening. Thank you, professor. You are the gift to humanity!

[@heygodthisside]

Can someone value the impact this gem of a teacher have had on investing education world?

[@evancoles]

Aswath is a legend.

[@TheInvestorsPodcastNetwork]

Thanks for watching, Evan!

[@evancoles]

@@TheInvestorsPodcastNetwork Thank you for doing these interviews. I get so much out of all of them.

[@ghalibkhan80]

this is an excellent series of interviews. William Green has clearly done a lot of research for each interview

[@TheInvestorsPodcastNetwork]

So happy to hear you're loving the episodes!

[@RicherWiserHappier]

Many thanks, ghalibkhan80! So glad you're enjoying these interviews. It's true -- I do a pretty crazy amount of research before these conversations! Warm wishes, William

[@ghalibkhan80]

i agree dude

[@agarwaltaron]

@@RicherWiserHappier - Thanks you so much for spreading all this wisdom. This is perhaps the most effective conversation I heard ever !!!

[@yotshel]

Legendary Aswath, was lucky to listen to his podcasts and KZbins

[@TheInvestorsPodcastNetwork]

Thank you for watching!

[@ergun_unutmaz]

I follow Prof. Damodaran's teachings with a deep interest and I am happy to have so many overlapping ideas with him, on investment philosophy and on life in general. Today I had plenty of things to do, but the length of the video didn't intimidate me. I rescheduled my agenda and I enjoyed every moment of it. Very inspiring. Thanks for the conversation.

[@TheInvestorsPodcastNetwork]

So happy to hear you found it valuable!

[@jkj1459]

IT IS FIRST TIME THAT I SPEND OVER ONE AND HALF HOUR WITHOUT BORING . THANK YOU . I LOVE THAT STRATEGY OF INCRIMENTAL PROCESS THAT HE KEEPS DOING .

[@roym1444]

Interviewers questions were top-notch

[@tricktreat7941]

Yes, one of the best interviewers on KZbin

[@AnandSinghVentures]

I remember watching his each of his class on youtube for 3 - 4 times. Thanks professor I owe a lot to you. Great interview.

[@TheInvestorsPodcastNetwork]

Glad you enjoyed the episode!

[@lucianosoar]

Great Interview. The option of abandon at the end is a golden rule for life. This man deserve a Nobel! He does in life in everyday teaching, spreading his knowledge for free making a world better....exactly what ESG companies say they do mostly for marketing than a true core value.

[@TheInvestorsPodcastNetwork]

Glad you enjoyed it!

[@mohanvalrani]

Aswath, you are a great human being; sharing knowledge is the best method of giving. Compliments from a 80 year old.

[@TheInvestorsPodcastNetwork]

So happy to hear it was valuable for you!

[@havrenne]

Just wow ! I knew Damodaran a little bit already through some of his classes, but Green here completed the picture and insisted on very core questions. After this interview I would say Damodaran is now my favorite investor. The process, attitude and philosophy are just impeccable.

[@TheInvestorsPodcastNetwork]

Thank you so much, Jay!

[@brianbirnbaum9760]

Totall relate to trying to be more agreeable. It’s very difficult to be a rational, logical person and remain agreeable in the face of frequent irrational thought and behavior. But once in a while people like us are actually wrong so it’s important to remain calm and dispassionate to the extent possible.

[@sridharsrigiriraju4583]

1:35:11 : Great inspiration.

[@TheInvestorsPodcastNetwork]

Thank you for watching!

[@smilingstar99]

Every minute was worth its weight in gold/bitcoin or whatever it is. Aswath shares so many useful & enduring investing insights & most importantly humility!!!

[@TheInvestorsPodcastNetwork]

Happy to hear you enjoyed the episode!

[@jkj1459]

ONLY ONE NEED TO SPEND SOME TIME WITH HIS TEACHING FREE OF COST , WHICH OTHERS SELL AND ENCASH .

[@grant_ford]

This interview is pure gold, thanks for adding the personal dimension. Mr. Damodaran is a karmic billionaire, whether he believes it or not 😃

[@TheInvestorsPodcastNetwork]

Thanks so much for watching!

[@decanioandres]

Excelent and beautifull interview, we need more TEACHERS like him in the world . thanks Prof Damodaran

[@TheInvestorsPodcastNetwork]

Glad you enjoyed the episode!

[@TheInvestorsPodcastNetwork]

Glad you enjoyed the episode!

[@albertopaganoni3388]

if we were all like this man the world would be a better place

[@backpackly]

William Green delivers consistently amazing interviews. Love to see a real emphasis on the value investing community.

[@TheInvestorsPodcastNetwork]

Glad you like them. Stay tuned for more!

[@richardowen8152]

Damodaran is the best!

[@cool3884]

What a wonderful video. So much wisodm.thanks.

[@amar6847]

He is such a pleasure to hear ..Such great calmness

[@TheInvestorsPodcastNetwork]

We cannot agree with you more! We love having Aswath on the show.

[@thegrumpydeveloper]

Important metrics are Revenue growth, margins, reinvestment.

[@chrisesterhuysen1459]

Thank you Prof. Damodaran!!!

[@TheInvestorsPodcastNetwork]

Thanks for watching, Chris!

[@charudatt]

The most candid interaction of professor on the internet! Thanks for this one

[@TheInvestorsPodcastNetwork]

Happy to hear you enjoyed it!

[@2007spandya]

What an amazing interview. Respect to professor! 🙏🙏. Great questions by interviewer as well.

[@TheInvestorsPodcastNetwork]

Thank you for the support!

[@sukhbirkapoor309]

Thank you for the enlightening podcast. Aswath is amazing and a big motivator . God’s gift to the world !

[@TheInvestorsPodcastNetwork]

Thank you so much!

[@miguelpujante]

What a masterpiece of a podcast with an amazing guest. Keep bringing this type of content. Thank you so much.

[@shubhamchugh4480]

This was one of the most interesting and knowledgeable interview. Thankyou so much. I have followed the works of Mr aswath damodaran over the years and it was the first I got to know the person he is. My respect for hime increased tremendously. Thankyou Mr william for asking such great questions.

[@TheInvestorsPodcastNetwork]

Thank you so much for the lovely comment!

[@agarwaltaron]

I dont have words which are effective enough to convey how impactful this talk was !! Thank You so much !!

[@RicherWiserHappier]

Many thanks, Taron. That's great to hear. Warm wishes, William

[@TheInvestorsPodcastNetwork]

Glad it was helpful, Taron!

[@shriekinggalah8644]

What a fantastic interview! Thank you to Prof. Damodaran and to Mr Green!

[@TheInvestorsPodcastNetwork]

Glad you enjoyed it!

[@DRVAMS]

Very stimulating talk.Great job by host and of course the best guest ...

[@TheInvestorsPodcastNetwork]

So happy to hear you liked the episode!

[@shubhambisht8007]

what an amazing interviewer

[@RicherWiserHappier]

Thanks!

[@TheInvestorsPodcastNetwork]

We agree! William is amazing!

[@althafyoosuf7945]

Wonderful… truly amazing. Thank you Aswath 🌷

[@TheInvestorsPodcastNetwork]

Glad you enjoyed it!

[@jkj1459]

THANK YOU WILLIAMS . GREAT JOB .❤🧡💛💚

[@scottiebumich]

Great article. And love that so much of Aswath's lifestyle is influenced by eastern spirituality. My time in India, Nepal, and SE Asia has taught me many similar values! Much appreciated.

[@TheInvestorsPodcastNetwork]

Thank you so much, Scott!

[@saleminreza]

One of the best interviews on TIPN. Thanks for sharing the wisdom with us.

[@TheInvestorsPodcastNetwork]

Glad you enjoyed it!

[@JoeAnand]

Great discussion and I learnt a lot from Aswath's answers.

[@Christian-cu8eo]

So Great this attitude about sharing knowledge in teaching 🙏🏻

[@TheInvestorsPodcastNetwork]

Great takeaway!💯

[@helengrives1546]

If you want companies to behave differently then you must change the game. The first thing is hold your ow power and do the work.

[@wm6549]

Excellent interview! The interviewer really did his homework.

[@TheInvestorsPodcastNetwork]

Much appreciated!

[@cpshah111]

Two hours well spent…terrific episode.

[@TheInvestorsPodcastNetwork]

Thank you so much for the support!

[@manishpugalia8559]

All qualities r of god, n anything wrong is human n needs to b rectified as we all are part of one almighty. We r no one else than a fragment of almighty

[@VedJoshi..]

these are some of the best questions

[@TheInvestorsPodcastNetwork]

Thank you so much for the kind words!

[@community1854]

Revenue Growth(business model) Operating Margin or Profitability (manufacturing v software), and Reinvestment (growth requires reinvestment and customer growth, stable customer acquisition)! Pricing metrics as well as business metrics both be accounted in investment decisions!

[@goldsilvercryptos5963]

What a wonderful interview! Thanks for bringing out the person behind the books. What a joy it was to listen - too many things to take away and imbibe. You have a unique way of asking questions and the interview just flows smoothly like magic! Loved it... ALOT!

[@TheInvestorsPodcastNetwork]

Glad you enjoyed it!

[@RicherWiserHappier]

Many thanks, indeed. That's very kind of you to say. Warm wishes, William

[@AlessandroOrlandi83]

A very interesting conversation. Thank you very much.

[@TheInvestorsPodcastNetwork]

Our pleasure!

[@pjs3493]

This podcast is filled with gems of wisdom! Thank you for so many great and practical lessons.

[@TheInvestorsPodcastNetwork]

Glad you enjoy it! Thank you so much for support 🙌

[@fadibataineh2379]

Always bringing great guest speakers

[@TheInvestorsPodcastNetwork]

Thank you so much for the support!

[@sujoydalal9147]

Aswath Sir something to learn whenever I hear you..

[@TheInvestorsPodcastNetwork]

Glad you found the episode valuable!

[@roni41]

So much wisdom

[@TheInvestorsPodcastNetwork]

Glad you enjoyed the episode, Roni!

[@qaisurrehman]

your questions and interview are very in depth and extraordinary i love its excellent job William

[@TheInvestorsPodcastNetwork]

Glad you enjoyed it! Thank you for your support!🙌🏼

[@Meditationmiamibeach]

Thank you professor for all you do for us!

[@TheInvestorsPodcastNetwork]

Thank you for watching, Pedro!

[@tekst3r]

every minute full of deep and meaningful thoughts! spectacular time i've had pouring through this video.

[@TheInvestorsPodcastNetwork]

Thank you so much for your support! 🙌

[@FedtTony]

Brilliant interview. Thank you for this

[@TheInvestorsPodcastNetwork]

Thanks for watching!

[@Sueni]

This guy is brilliant

[@EducationistK]

I truly enjoy your lectures on valuation. A foolish question prof Damodaran. Methods that many use to evaluate the attractiveness of industrial stocks include traditional ratios such as price- to-earnings (P/E) and price-to-sales (P/S), both on an absolute and relative basis, PEGY ratios (P/E vs. estimated growth and dividend yield), and discounted cash flow (DCF) analysis. Which is the best or if there is not one then what would you recommend.

[@leonhead8413]

Great interview, William and Aswath were on 🔥

[@TheInvestorsPodcastNetwork]

So happy to hear you enjoyed it!

[@Question-Research-wj5wr]

Absolutely no words ❤

[@bertrandmoura-melhorespagi5717]

Thank you very much! It was a memorable interview.

[@sadanandsahasrabuddhe1946]

14:00 I know just enough to make myself dangerous

[@rsraman123]

Brilliant brilliant point about factor of luck. Could you please feel sorry for Intel as well? They are like the Apple of 1990s minus Steve Jobs though

[@sebfox2194]

Thanks again to everyone involved for another great investing interview.

[@TheInvestorsPodcastNetwork]

Thank you so much for the support!

[@Raysliquidity]

Amazing discussion and great, in-depth questions. So much to learn from this man.

[@TheInvestorsPodcastNetwork]

Glad you enjoyed it, Ray!

[@sadanandsahasrabuddhe1946]

1:40:00 advise to kids , keep an option to abandon

[@amitagarwal2]

Golden nuggets of wisdom!

[@TheInvestorsPodcastNetwork]

Glad it was valuable for you, Amit!

[@tempioxavo]

Thank you

[@TheInvestorsPodcastNetwork]

You're welcome!

[@qaisurrehman]

this is really a master peice

[@skipkapur1]

Thank you for this wonderful interview. Both participants did a great job, and Aswath has certainy influenced me when it comes to life and investing. Perhaps, because I've had similar beliefs. Great podcast.

[@TheInvestorsPodcastNetwork]

Glad you enjoyed it!

[@Sage16226]

Great episode

[@babrdwod7464]

Absolutely love this gentlemen!

[@TheInvestorsPodcastNetwork]

So glad you did!

[@amaetfacquodvis2450]

high quality interview, thank you both!

[@TheInvestorsPodcastNetwork]

Glad you enjoyed it!

[@ganapathysubramanian6389]

Amazing ..Thanks much

[@TheInvestorsPodcastNetwork]

Our pleasure!

[@community1854]

Revenue Growth, reinvestment,

[@gauravdwivedi2808]

Loved the talk

[@TheInvestorsPodcastNetwork]

Thanks for watching!

[@Blueocean77386]

wonderful

[@TheInvestorsPodcastNetwork]

Thank you! Cheers!

[@davidcherve]

This be gold. Gracias

[@TheInvestorsPodcastNetwork]

Gracias!

[@arrywibisono6792]

thanks for this great video

[@TheInvestorsPodcastNetwork]

Glad you liked it! Thank you for your support 🙌

[@MrYufu221]

Such a great interview! So good!

[@TheInvestorsPodcastNetwork]

Thank you so much!

[@simonroese2596]

God bless you all for this content Are you all hiring? Volunteering? Id love to help Im so serious

[@TheInvestorsPodcastNetwork]

Hi, thank you for the interest, you may check out our careers page here: www.theinvestorspodcast.com/careers/ :)

[@bedantabordoloi]

Loved this !

[@TheInvestorsPodcastNetwork]

Thank you so much!

[@faizakazmi1531]

Respects 🙏🙏🙏

[@TheInvestorsPodcastNetwork]

Thank you for watching, Faiza!

[@rodrigoandrade1657]

Awesome!

[@TheInvestorsPodcastNetwork]

Thank you! Cheers!

[@sadanandsahasrabuddhe1946]

31:00 being good comes at cost, it's expensive ..

[@Be_4ever_curious]

Superb

[@Question-Research-wj5wr]

Wonderful ❤

[@TheInvestorsPodcastNetwork]

Thanks so much!💯

[@sadanandsahasrabuddhe1946]

36:00 how any score based systems gets gamed .. I have seen this very closely in IBM

[@naveengoyal9702]

Wonderful taking kindly name what is name of your website thanks

[@coolsajib]

Valuation of life!

[@sebastianburnaz6760]

Interesting

[@josephtuang9775]

Great interview 🔥🔥

[@TheInvestorsPodcastNetwork]

Thank you so much, Joseph!