Faculty News

Professor Aswath Damodaran's approach to valuation is featured

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Excerpt from Forbes India -- "Aswath Damodaran, professor of finance at Stern School of Business, New York University, sees companies as ‘stories’ and ‘numbers’. Story stocks normally have people at the centre. It is their passion that drives the decisions of the business. For example, Tesla Motors and Amazon became story stocks because these companies are totally entrenched in the personalities of Elon Musk and Jeff Bezos, their respective founders. But number stocks are not people-centric. There, the business environment and economics are at the centre."

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