Aswath Damodaran

Aswath Damodaran

I teach corporate finance, valuation and investment philosophies at the Stern School of Business at New York University. I have online versions of all three courses here, as well as other finance-related videos.
1. The Corporate Finance Online playlist has an introductory video and 36 sessions that cover all of corporate finance (at least as I see it).
2. The Valuation playlist has 25 sessions that cover valuation approaches, issues and questions.
3. The Investment Philosophies playlist has sessions that cover different investment philosophies.
4. The Accounting and Statistics playlists reflect my quirky and unorthodox introductions to two disciplines that are critical to my valuation and corporate finance classes.
5. The Blog Posts playlist has sessions that go wit my blog posts and reflect my standing as a dabbler, rather than expert, in all things finance-related.
If you need the supporting material for any of the classes, check the links below.

Пікірлер

  • @pacifiquebusiness
    @pacifiquebusinessСағат бұрын

    😍

  • @pacifiquebusiness
    @pacifiquebusinessСағат бұрын

    😍

  • @pacifiquebusiness
    @pacifiquebusinessСағат бұрын

    😍

  • @subhadeepbhattacharya6179
    @subhadeepbhattacharya61795 сағат бұрын

    Got the Kindle version. Prof ... you are amazing, you made finance Open Source. You write a book and then put the content free in KZread. Salute Professor.

  • @mhashimshahzad2823
    @mhashimshahzad28232 күн бұрын

    Just a newbie’s opinion; business evaluation is better.

  • @user-ev4hm6og6z
    @user-ev4hm6og6z3 күн бұрын

    .

  • @giftmarthawoke1380
    @giftmarthawoke13803 күн бұрын

    Acquiring a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $160K for some time now, but my major challenge is not knowing the best entry and exit strategies. I would greatly appreciate any suggestions.

  • @bashargarba7492
    @bashargarba74923 күн бұрын

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

  • @PauletteShockley
    @PauletteShockley3 күн бұрын

    @@bashargarba7492 Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

  • @JefferyDube
    @JefferyDube3 күн бұрын

    @@PauletteShockley I have been considering going the same route, could you share more info please on the advisor that guides you.

  • @PauletteShockley
    @PauletteShockley3 күн бұрын

    @@JefferyDube The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Victoria Carmen Santaella‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

  • @JefferyDube
    @JefferyDube3 күн бұрын

    @@PauletteShockley Thank you for the lead. I searched for her, and I sent her an email. I hope she gets back to me soon.

  • @giftmarthawoke1380
    @giftmarthawoke13803 күн бұрын

    Acquiring a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $160K for some time now, but my major challenge is not knowing the best entry and exit strategies. I would greatly appreciate any suggestions.

  • @bashargarba7492
    @bashargarba74923 күн бұрын

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

  • @PauletteShockley
    @PauletteShockley3 күн бұрын

    @@bashargarba7492 Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

  • @JefferyDube
    @JefferyDube3 күн бұрын

    @@PauletteShockley I have been considering going the same route, could you share more info please on the advisor that guides you.

  • @PauletteShockley
    @PauletteShockley3 күн бұрын

    @@JefferyDube The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Victoria Carmen Santaella‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

  • @JefferyDube
    @JefferyDube3 күн бұрын

    @@PauletteShockley Thank you for the lead. I searched for her, and I sent her an email. I hope she gets back to me soon.

  • @RealCritic100
    @RealCritic1003 күн бұрын

    why are you talking by sleeping?

  • @MalcolmHamlin
    @MalcolmHamlin3 күн бұрын

    I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.

  • @WillieSeibel
    @WillieSeibel3 күн бұрын

    The safest approach I feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

  • @RobertSteele7623
    @RobertSteele76233 күн бұрын

    @@WillieSeibel It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

  • @DonaldJones923
    @DonaldJones9233 күн бұрын

    @@RobertSteele7623 This is considerable! think you could suggest any professionals/advisors? I'm in dire need of proper portfolio allocation.

  • @RobertSteele7623
    @RobertSteele76233 күн бұрын

    @@DonaldJones923 My CFA ’ is “Victoria Carmen Santaella”, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

  • @DonaldJones923
    @DonaldJones9233 күн бұрын

    @@RobertSteele7623 Appreciate this recommendation, hopefully, I can get some insight into where the market is headed and strategies to beat the downtrend when I hear back from Victoria Carmen Santaella.

  • @palakdaliya45
    @palakdaliya454 күн бұрын

    you are an inspiration

  • @harshsharma2597
    @harshsharma25974 күн бұрын

    Hi Sir, can you please share the valuation sheet here as well.

  • @mrgitabagia
    @mrgitabagia4 күн бұрын

    Great lecture, thank you so much from Indonesia 🎉

  • @AngeloWilson-zf8vl
    @AngeloWilson-zf8vl4 күн бұрын

    I am trying to value a steel manufacturing company (jsw steel) in India, how do you think the Lambda will play out for this stock, it gets 63% revenue from India and rest from outside India. its lambda dropped with this calculation, could you give some guidance.

  • @matheusvazporfirio2903
    @matheusvazporfirio29035 күн бұрын

    Thank you professor, a masterclass for sure

  • @nicog189
    @nicog1895 күн бұрын

    Who is this toolbag

  • @kk22001
    @kk220015 күн бұрын

    1k usd per share. There is a reason he is a professor at NYU not running a multi billion hedge fund. To all his students, take note!

  • @rutvikgonde428
    @rutvikgonde4285 күн бұрын

    Thank You sir

  • @elkalash6619
    @elkalash66196 күн бұрын

    in the book, the debt repaid for 2021 is 7126$ but in the video, it is 8161$, and in 2020 the book has 8813$ but in the video, it is 10655$, does the video have the wrong numbers or does the book?

  • @smg95837
    @smg958376 күн бұрын

    Where can I get the google spreadsheet? Can someone please help

  • @yashanand4645
    @yashanand46456 күн бұрын

    You're a gem.

  • @thefantorangster2491
    @thefantorangster24916 күн бұрын

    I dont believe enterprise value is ever a good metric to use

  • @osiris8826
    @osiris88266 күн бұрын

    Thank you Sir!!!

  • @ankitchoudhary197
    @ankitchoudhary1977 күн бұрын

    So stock based compensation should be treated as an expense on the income statement but should not be added as a non cash expenses on the cash flow statement?

  • @Akerfeldt77
    @Akerfeldt777 күн бұрын

    I'm very glad I found this during COVID lockdowns instead of playing video games. This and similar modules got me interested and I haven't looked back. Thanks for inspiration, Professor Damodaran.

  • @mrunalbhosrekar5565
    @mrunalbhosrekar55658 күн бұрын

    i just love the way they teach thankkk you for lectures,,,, thanks for making this avl on freee platforms... gonnna surf whole channel and websites and materials of yours.. once again thankkk you not as a teacher as a guru (difference between guru and teacher is knowledge is give without any consideration, selflessly )

  • @artmara9583
    @artmara95838 күн бұрын

    I take my hat off too. You give a hope for smart people who cannot afford expensive education

  • @RamonFernandez-tr8vf
    @RamonFernandez-tr8vf8 күн бұрын

    Thank you very much Mr. Damodaran. I really enjoy your fabulous classes. Regards from Spain.

  • @halimamaaziz1157
    @halimamaaziz11578 күн бұрын

    tyالدحيح ❤

  • @user-ej5nt6lk3q
    @user-ej5nt6lk3q8 күн бұрын

    Risk hai toh Ishq hai!!!!!!!!

  • @user-ej5nt6lk3q
    @user-ej5nt6lk3q8 күн бұрын

    "Markets are correct on an average but wrong individualy" What a quote!!

  • @jonjone661
    @jonjone6619 күн бұрын

    The Disney Florida case reminds me of the Michael Jordan’s quote “republicans buy sneakers, too”

  • @michelezennaro9565
    @michelezennaro95659 күн бұрын

    Hi! in cell B21 i have to insert: Implied Shares Outstanding ? Thank you very much!

  • @RamonFernandez-tr8vf
    @RamonFernandez-tr8vf10 күн бұрын

    Thanks a lot profesor, I am really grateful to you for this awesome classes. Regards from Spain

  • @dhananjayanjayabal7747
    @dhananjayanjayabal774710 күн бұрын

    Respected Sir, Last week I have got one valuation report for a Dubai based private company. They used your ERP in their discount rate and US bond yield as Rf. The company doesn't have any operations in US or any part of America and also they dont have any future plan of operations there. I raised this issue with them but they are adamant not to correct it. I think should charge for copyrights for using your workings ! 🙂

  • @anomiweerakoon104
    @anomiweerakoon10410 күн бұрын

    Thank you so much. and I need to know how to get Book Value of Debt?

  • @harshpatel6848
    @harshpatel68484 күн бұрын

    Yes, have you found out?

  • @kodokraksasa6564
    @kodokraksasa656411 күн бұрын

    1. any two data can move together, move inversely, or be unrelated 2. if relationship is establish, we can check: - does changes in one data leads to the other's changes? - does the correlation = causation? - can you use one to predict the other? 3. Correlation coefficient: measurement of how two variables move together, ranged from -1 (inverse corr.) to 1 (perfect corr.) and 0 (no correlation) 4. Covariance: same as correlation but based on variable values (not bounded) 5. be cautious: - correlation of 2 variables may be driven by an unseen third one - correlation does not equal causation - past correlation does not equal future correlation 6. best fit line: a method to capture correlation in your data until 17:50

  • @apexmemator7239
    @apexmemator723911 күн бұрын

    This was quite a stimulating lecture

  • @apexmemator7239
    @apexmemator723911 күн бұрын

    What's your time period for calculating regression beta? Is it 1/2/5 years and based on daily/weekly/monthly ticks? Can anyone clarify plz.

  • @Ryanhess1986
    @Ryanhess198611 күн бұрын

    Do you have a spreadsheet for modeling/valuing banks? I would love to see a video walking through that process…

  • @shiwangijivrajika6744
    @shiwangijivrajika674411 күн бұрын

    Can we take similar rating country just to calculate default spread?

  • @freundlich3729
    @freundlich372912 күн бұрын

    Thank you, Sir!

  • @sayanofalltrades
    @sayanofalltrades12 күн бұрын

    Thank you Mr. Damodaran for the video.

  • @nsandeep49
    @nsandeep4912 күн бұрын

    zomato has become 4x from it's recent lows.

  • @razeenislam2174
    @razeenislam217413 күн бұрын

    Can you please make a video elaborating on the reinvestment part in the 'valuation output' sheet? thank you, sir!

  • @noel2615
    @noel261513 күн бұрын

    legend

  • @sushil6509
    @sushil650913 күн бұрын

    1.why erp-crp and not beta

  • @Financeforyou118
    @Financeforyou11813 күн бұрын

    1:04:06

  • @dhananjayanjayabal7747
    @dhananjayanjayabal774714 күн бұрын

    Bias is the one factors that plays predominant role in valuation in both DCF and relative pricing model

  • @sydneygriffin7495
    @sydneygriffin749514 күн бұрын

    Thank you, professor, and NYU! it has been a long time since college I am now investing, and using your Valuation spreadsheet, only I am having problems with the Book value of Debt? using your video and Amazon and the 2024 10-K only I'm not sure how you got the numbers as mine do not match. I am adding long term lease, long term Debt, and Other Long term? also I cannot for my life find the cross holdings and non-Operating assets? I have the same balance sheet as you professor? not sure how you get 2,954.00 and 2,815.00

  • @harshpatel6848
    @harshpatel68484 күн бұрын

    Here's how to get the cross holdings Page 47, fair value of financial instruments Equity warrants of $2100 million in 2022 and $2200 million in 2023 Page 49 investments Carrying value of investment in 2022 was $715 Mil and in 2023 was $754 Mil Adding them together 2022 - $2815 Mil 2023 - $2954 Mil Hope this helps