
Ritholtz's Masters in Business: Aswath Damodaran Interview
Masters in Business
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The Power of Faith in Investing
I read Ben Graham and I read it with a very different lens than most people. Valuation is a faith-based exercise because you have to faith in your value and fate that the market will correct its mistakes. So what other books do you like? A guy called David Liss who writes books. They're novels. One of his books was a conspiracy of paper. It's a book set in the days after the South Sea bubble in London. And it talks about how the bubble was created. But he talked about how the people running the company would send people out to to bars or you know, and to taverns as if they were private information. He said: "It was
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