April saw a massive tariff-induced selloff that erased over $9 trillion from global stocks in just two days amid trade war fears and threats to US Fed Chair Jerome Powell. Yet, by April end, the S&P 500, Nasdaq and MSCI World Index stood nearly where they started.
Beyond valuations, the professor highlighted broader geopolitical risks, including rising nationalism and trade wars, which he believes have reshaped the investment landscape.
A Bloomberg gauge of the seven has surged 60% so far this year after doubling in 2023
Looking at the top ten companies in terms of market value across the decades, one can see the shift towards companies that derive the bulk of their value from intangible assets.
He likened the prevailing market sentiments to the movie Groundhog Day.
Damodaran was speaking following the listing of Arm Holdings, which soared almost 25 percent above its Nasdaq debut price on Thursday, valuing the company at $65 billion
Damodaran has said in a blog post that the debt level at Adani Group is three times the optimal levels
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He stated that, in his opinion, the value of Adani Enterprises per share should be slightly under Rs. 945,
"I am puzzled that Hindenburg's short thesis spends as much time as it does trying to convince us that the company is over levered. Being over levered is not a con game," wrote Aswath Damodaran in a blog
As inflation and recession fears have mounted, equity markets are down significantly around the world
Aswath Damodaran says investors in the US should talk to people outside the country to get a hang of how inflation can be scary
ESG is so intent on knee capping the fossil fuel companies that the bounceback in production that usually brings oil prices down may not happen as quickly this time. So, the next time you pay more at the gas tank, send the bill to your favourite ESG consultant (not that they will pay), says the valuation guru
While one set of analysts are calling the market top, others feel that the market has more room to go.
The 'Dean of Valuation', Professor Aswath Damodaran said he's an optimist on India in the long term and views it as a growth story. But added that it requires a lot more work to realise its immense potential. In terms of sectors, Professor Damodaran believes healthcare and retail are ripe for disruption.
The WeWork business model is neither new, nor particularly unique in its basic form, though access to capital and scaling ambitions have put that model on steroids.
In the year full of bi-ticket tech IPOs, it is ironic that a food company, Beyond Meat, has managed to deliver the most dazzling post-IPO performance of any of the listings
On February 22, Kraft Heinz shocked investors with a trifecta of bad news in its earnings report. Investors reacted by selling their shares, causing the stock to drop more than 25 percent overnight
In order to stay competitive IT companies are already retiring high-cost employees and replacing them with younger ones.
Latha Venkatesh of CNBC-TV18 caught up with Aswath Damodaran - Professor of Finance at the Stern School of Business at New York University.
In the US alone, Uber has been involved in at least 173 US lawsuits since October 2012, a review of Westlaw dockets shows, while rival Lyft has been involved in 66 and lodging service Airbnb has been a party to just 20.
What's Next after the Recovery? World class experts, such as Abby Joseph Cohen, CFA along with other eminent voices give their insights on global investment strategy and contemporary valuation methods.