Faculty News

Professor Aswath Damodaran explains why stock market forecasts are not useful for investors

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Excerpt from The Wall Street Journal -- "Critics say the market is too complex and driven by too many variables for people to predict with any kind of accuracy. 'These market timing forecasts make for great news stories but they are completely and totally useless in investing,' says Aswath Damodaran, a finance professor at New York University."

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