Faculty News

Prof. Aswath Damodaran on the most dangerous sentence in finance

Excerpt from The Globe and Mail -- "Remember those seven words, they're the seven most deadly words in investing and valuation. They Must Know Something That I Don't. When the stock is at $640, [but] you come up with a value of $200. What's your rational side saying? Don't buy that stock, right? Then you hear this voice… they must know something that you don't...."

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Additional coverage appeared in Business Insider.