# Professor Aswath Damodaran's work on value investing is referenced

1 Faculty News May 25, 2018 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025699.jpg?itok=5SpaxEbn)>

Excerpt from the [Financial Times](http://https://www.ft.com/content/96252e14-5f68-11e8-ad91-e01af256df68) -- "...the practice of 'statistical' value investing, or simply buying low price-to-earnings multiple stocks on the basis that they will one day re-rate, will soon be dead. As [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a finance professor at the NYU Stern School, has noted, this practice of old school value investing can now be created at a fraction of the cost of paying humans to do it."

[Read more](http://https://www.ft.com/content/96252e14-5f68-11e8-ad91-e01af256df68)