Aswath Damodaran
General
The Golden rule? Thoughts on gold as an investment
Paraphrasing Winston Churchill, gold is a "riddle, wrapped up in a mystery inside an enigma", at least as far as ......
General
Michael Dell's Conflicted Buyout
Let’s say that you are interested in selling your house and hire a realtor, and that the realtor comes back ......
General
Marty Lipton: Shareholder champion, stakeholder protector or management tool?
I do not personally know Marty Lipton, nor have I met him. Based on what I have read about him ......
General
Hundred dollar bills are hard to come by!
It looks like I just I cannot stay away from the Apple story, with Tim Cook making a splash (or ......
Others
Michael Dell's Conflicted Buyout
Let’s say that you are interested in selling your house and hire a realtor, and that the realtor comes back ......
TMT
The year in review: Apple's universe?
As the year winds to a close, I don't think that there can be much debate that this was Apple's ......
Others
Goodwill, more plug than asset
There is no asset on a company’s balance sheet that wreaks more havoc on valuation and good sense than goodwill. ......
General
Accretive (Dilutive) Deals can be bad (good) deals
Analysts, investors and journalists who follow stocks have an obsessive focus on earnings per share, what it is now and ......
General
Earnings surprises, price reaction and value
The earnings season is upon us and each company’s earnings announcement is eagerly awaited, traded upon and talked about. For ......
General
How much is growth worth?
In my last post, I looked at the price being paid for growth by valuing the assets in place in ......