
Aswath Damodaran: Globalization Backlash
In his recent article, NYU professor Aswath Damodaran shares his thoughts on how politics, globalization, and disruption has changed the investing landscape.
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In this interview with Value After Hours, Guy Spier discusses several different topics, including how the Lollapalooza Effect drives influence.
Guy uses a historic example from Russia as well as a more current example with the credibility (or lack of) when using credit rations.
By the way, just very briefly, that’s a huge part or an important part of the ratings business model, is that if I want to say India’s credit has deteriorated, I don’t sound very credible. If I say Moody’s downgraded India’s credit rating, now I sound super credible. The guy at Moody’s knows no more than I do.
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In his recent article, NYU professor Aswath Damodaran shares his thoughts on how politics, globalization, and disruption has changed the investing landscape.
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