Multimedia Presentation Recorded 10 Nov 2020
Crisis as Crucible: COVID Lessons Learned, Unlearned, and Relearned
Every crisis has three stages:
- First, you lose perspective trying to understand what is happening on a day-to-day basis
- Next, confrontations with the unusual and uncommon cause you to lose faith in everything that you thought you knew
- Finally, you outsource your thinking and look to experts who can tell you what to do
Professor Damodaran will share lessons learned during the COVID crisis — markets are not as chaotic as they look, fundamentals matter more than ever, there is no such a thing as “smart money,” and storytelling remains important.
About the Speaker(s)
Aswath Damodaran is the Kerschner Family Chair Professor of Finance at the Stern School of Business at New York University, where he teaches corporate finance and valuation to MBAs, executives, and practitioners. He is the author of five books on valuation, three books on corporate finance, and three books on portfolio management, and he was co-editor of the book Investment Management with Peter Bernstein. Professor Damodaran has published articles in a number of journals, including the Journal of Financial and Quantitative Analysis and the Journal of Finance. He was named the most popular US business school professor in a 2011 survey by Businessweek. Professor Damodaran also writes a popular blog, Musings on Markets. He holds an MBA and a PhD from the University of California, Los Angeles.