Aswath Damodaran: Cash has a different meaning today

NYU professor Aswath Damodaran recently stopped by the podcast ‘Invest like the best’. Here, they discuss a wide range of investment topics, including Damodaran’s personal investment in Nvidia.

During the interview, Damodaran highlights that he has noticed a significant change in his own and other investors’ behavior when it comes to cash holding.

Today, I’m acutely aware of cash when it’s sitting around. And that’s something that people have become used not to doing that you have to start because idle cash is losing cash. Because when you have 3% or 4% inflation, that cash is losing value, and you’ve got to get it into places. T-Bill rates might not stay at 5.5%, but they’re definitely not 0.

Share the news

Disclaimer of liability

The above has been prepared by Børsgade ApS for information purposes and cannot be regarded as a solicitation or recommendation to buy or sell any security. Nor can the information etc. be regarded as recommendations or advice of a legal, accounting or tax nature. Børsgade cannot be held liable for losses caused by customers’/users’ actions – or lack thereof – based on the information in the above. We have made every effort to ensure that the information in the above is complete and accurate, but cannot guarantee this and accept no liability for errors or omissions.

Readers are advised that investing may involve a risk of loss that cannot be determined in advance, and that past performance and price development cannot be used as a reliable indicator of future performance and price development. For further information please contact info@borsgade.dk

You might also find this interesting:

François Rochon: Never Overpay – Even for The Best of Companies

In this interview, Francois Rochon, CIO of Giverny Capital, discusses how a handful of dominant companies—such as Amazon, Apple, Microsoft, and Nvidia—have significantly influenced the S&P 500’s performance in recent years. Their rapid growth has increased their weighting in the index, encouraging more investors to adopt indexing strategies, which further reinforces their dominance.

Li Lu: Charlie Munger’s enduring legacy

This is the first interview Li has accepted with domestic Chinese media after four years. In the interview, Li recalled his mentor Munger, summarized his spiritual legacy, and pointed out that it was Munger who made value investing possible in the global practice.

Christopher Bloomstran: Value, Patience and Trust as An Edge

In this interview, Christopher Bloomstran, CIO of Semper Augustus, offers a wealth of insights into value investing, ethical business practices, and the critical role of patience and trust in achieving long-term success in both investing and life.