Please join my mailing list here 👉 https://briankeating.com/list to win a meteorite 💥
Aswath Damodaran joins Brian Keating to argue that markets, universities, and financial models are all suffering the same disease — mistaking mechanical processes for genuine thinking — and explains why Nobel economists aren't billionaires, why academia is the most deserving target for disruption, and why every major asset class is now overpriced with nowhere left to hide.
- 00:00 Intro
- 00:01:37 Why Nobel Economists Aren't Billionaires
- 00:06:08 Universities Have Completely Lost the Plot
- 00:07:43 95% of Academic Research Is Worthless
- 00:13:05 The University Is a Sticky Business — But Cracks Are Forming
- 00:40:00 ChatGPT Already Does What Bankers Charge Millions For
- 00:46:43 The Most Dangerous Number in Finance
- 00:52:35 There Is No Safe Place Left to Put Your Money
- 00:55:48 When Every Asset Is Overpriced, Buy What You Love
- 01:00:22 We Are Losing Our Ability to Think
- 01:01:30 Markets Are Smarter Than Experts — Every Single Time
➡️ Follow Aswath Damodaran
🌐 Website: https://pages.stern.nyu.edu/~adamodar/
📚 The Little Book of Valuation: https://pages.stern.nyu.edu/~adamodar/
📝 Musings on Markets (Substack): https://aswathdamodaran.substack.com
Join this channel to get access to perks like monthly Office Hours:
https://www.youtube.com/channel/UCmXH_moPhfkqCk6S3b9RWuw/join
📚 Get my books:
Think Like a Nobel Prize Winner, with productivity tips from 9 Nobel Prize winners: https://a.co/d/03ezQFu
Focus Like a Nobel Prize Winner, with life-changing interviews with 9 Nobel Prizewinners: https://a.co/d/hi50U9U
My tell-all cosmic memoir Losing the Nobel Prize: http://amzn.to/2sa5UpA
The first-ever audiobook from Galileo: Dialogue Concerning the Two Chief World Systems: Ptolemaic and Copernican https://a.co/d/iZPi9Un
Follow me to ask questions of my guests:
🏄♂️ Twitter: https://twitter.com/DrBrianKeating
🔔 Subscribe https://www.youtube.com/DrBrianKeating?sub_confirmation=1
📝 Join my mailing list; just click here http://briankeating.com/list
✍️ Detailed Blog posts here: https://briankeating.com/blog
🎙️ Listen on audio-only platforms: https://briankeating.com/podcast
#universe #podcast #briankeating #intotheimpossible #science #astronomy #cosmology #cosmicmicrowavebackground #intotheimpossible #briankeating
Learn more about your ad choices. Visit megaphone.fm/adchoices
