“Avoid companies that are cavalier about issuing new options to managers” — Aswath Damodaran Copy Share Image
“The intrinsic value of an asset is determined by the cash flows you expect that asset to generate over its life and how uncertain… — Aswath Damodaran Copy Share Image
“Einstein was right about relativity, but even he would have had a difficult time applying relative valuation in today's stock markets.” — Aswath Damodaran Copy Share Image
“Growth firms get more of their value from investments that they expect to make in the future and less from investments already made.” — Aswath Damodaran Copy Share Image
