In his latest article, Michael Mauboussin examines the demographics of public companies in the U.S., including how many are born, how long they live, why they die, and the returns they deliver to shareholders.
For the last decade, NYU professor Aswath Damodaran has been incorporating the idea that companies age, just like human beings do. Over the years, it has become his unifying construct that he uses to explain or at least talk about almost every phenomenon in business. In this video, Aswath shares his thoughts on the lifecycle that every company eventually goes through.
Michael Mauboussin has just published a comprehensive analysis of the business lifecycle and the characteristics of each period.
