Sponsor: YCharts enables financial advisors to make smarter investment decisions and better communicate with clients. Get 20% off your initial YCharts Professional subscription when you start your free trial. go.ycharts.com/meb-faber
Natalie Kayla Kimberly encourages investors to prioritize companies with sustainable competitive advantages and solid financials, offering a disciplined and value-oriented strategy for long-term investing.
Natalie Kayla Kimberly has built a reputation for creating highly personalized financial plans tailored to each investor's unique goals, risk tolerance, and financial situation.
@@NoahAnderson-y4n Natalie is known for her clear, transparent communication with clients, She makes sure her investors understand every step of the process
@@CalebBrown-b3d she takes the time to walk her clients through the changes, keeping them informed and confident in the long-term strategy. This level of transparency has built a foundation of trust and confidence among her investors.
@@IsabellaMartin-z7e Natalie Kayla Kimberly a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@@BenjaminCarter-v9r She goes by Natalie Kayla Kimberly I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
When Aswath answered your question on today's youth, he mentioned they are getting the news online, on social media, etc. He asked who watches the 6:30 news anymore, and he answered probably the same people still using flip phones. LOL the man has a dry sense of humor which I like. My 97-year-old mother watches the 6:30 and by the way, has a flip phone, but we upgraded her last month.
One of the best podcasts I have seen in many years. Very insightful. The professor is the ‘top dog’ and the host is asking some fantastic questions. I am going to buy this guys book. Wish I came across this type of philosophy 10 years ago 😢
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
If you don’t understand the markets, stick to an index like the S&P 500. Dollar cost average and hold long term, or better still consider financial advisory to avoid losses
Sometimes I'm surprised most people don't even know they can do that. I've been making at least 200k every year from my investments by working with an FA. When you realise it, it feels like a life hack.
Wow, that's interesting . I've recently been exploring the option of working with an FA too. Any chance you could recommend who you work with? in her area and works for Empower Financial
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a geniusl Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
i have some individual stocks that have done well. But i have $150k sitting in a money market gaining interest, and thinking of a 3 or 4 fund approach - should i make bulk purchases across 3 or 4 , different fund positions, or just buy little by little every month, or other? And what %'s to invest in per fund?
I'm banking on the market gains. Put the money in a S&P index fund and leave it alone! When the market dips add more to your fund. It's not rocket science. My fund growth is greater than my annual income. Don't let the stock geeks scare you away by complicating things.
Follow the S&P 500 by investing in ETFs like VOO, SPY, and SCHD. Dollar-cost averaging into these ETFs will likely outperform most investors in this bull run. Remember to always work with a knowledgeable person in the financial market when starting out to avoid getting burnt.
Not bad for a starting point, big spender! But before you toss that 150k at bargain-bin stocks, maybe hit pause. My financial advisor once saved me from a dumpster fire portfolio I was about to build. Seriously, getting professional advice turned my scattered ideas into a solid plan. it's been 4 years and counting. We're working on a 7 figure ballpark goal and we're not far. You should consider it!
@@GaryBker Oh I've heard similar things about hiring an advisor. It's hard to choose one that's very good though. Could you make some useful recommendations?
She goes by "Patricia Grace Barry." cannot reveal too much. Most likely, her basic information is available online; if you'd like, you can do some digging.
Mr. Faber, thank you the interview with Mr. Damodaran is insightful. The session was interesting because of your questions and guidance. I appreciate a journalist type of give and take when the person asking the questions is familiar with the guest. It was apparent you knew his work and asked questions that stimulated his answers. Well, I guess that was obvious you have dogeared his latest book. Thanks again I am subscribing to your station. Look forward to uncovering more gems like today.
I've been doing my own investing for about seven years, and I am still learning these lessons (particularly per the first ten minutes of this discussion). One can drive oneself to the asylum by playing some of these head games. Anyway, Prof. Damodaran has been very instructional in this short piece. I wish I'd discovered him sooner. Very good stuff.
One strong reason why holding forever is not inimical to the ethos of value investing is the impact of taxes. When one has a huge embedded capital gain on a stock, selling it results (in most cases) in the cash outflow from the payment of taxes.
Ive tried reading a few of Aswaths books - every detailed, fairly advanced. Every time I think I make a little leap, I go back to his books and hope I pick up more info every time
When should we expect another catalyst on the market other than geopolitical? A sideways market is not good for value investors. What should value investors be doing when the market is trading in a narrow range for too long? I am buying almost on a daily basis. I don't go beyond the Magnificent Seven, though. I have blind faith in Alphabet and am expecting it needs support from the Trump administration to thrive. What is Elon Musk's take on Alphabet? (Stupid question, but I think his viewpoints on Alphabet will matter in the longer run.) Will it survive as one entity by next year? i just got fedup waiting market correction , there are 7 trillion dollar in sidelines waiting to be invested..
Hi, this is how an investor explains to me why Asian cos prefer dividend to share buyback. A lot of Asian cos are family owned and dividends are a way of paying back money to the families
Many people still listen to radio in the car, for example. Why are the radio companies all bankrupt? If the consequences of propaganda are so high these days, why are these companies so cheap?
It's too expensive? Why don't people use platforms that allow them to buy fractional shares? Allocate your funds to the companies you want as a percentage and DCA your acquisition of the shares. That's basically what's happening with our retirement investments through our jobs. The value of your fractional shares grow/shrink with the stock.
I find it amusing that a school teacher with no experience in the real world of business speaks with such a tremendous amount of authority on how businesses should operate. Reminds me of Siskel & Ebert who've never been anywhere near a movie set, but knew everything about making great movies.
There is one thing he said was not factual. Most of the Chinese mega companies such as Alibaba, Tecent, BYD,...etc. are very young. China has more young, mega companies than either US or India.
BYD yeah but I do not think tencent or alibaba and also when you are talking about China you are talking about completely different world I mean we can all still clearly what happend to alibaba from 2021 to 2023 and we do not know what will Chinese government do to any time are you willing to take the risk ? Of course, BYD is a good pick. First, it has government support in China, but what about EU tariffs and Indian restrictions on china companies and we do not want to talk about the USA restrictions But still, I think China is cheap, and with Chinese government recent actions, I am cautiously optimistic, but I am still looking for more buybacks or dividends from the companies but there also headwinds due to geopolitical tensions
@10:35 "... something in the process that makes it difficult ...." Well contact me and I will tell you why Germany in particular is failing and will fail, if they don't stop making it difficult.
Really appreciate Prof. Damodaran opinions but his take on India is a questionable one. All the corruption and illegitimate Audit firms. Insiders hiking prices, are yo usure you want to get into that market?
What a bunch of clickbait. We talked about the mag7 for 5 minutes and it's mostly bullshit as if this guy timed the market perfectly. And the topic never comes back
@@nickthequick i wont' deny it was a pretty good episode in retrospect, but i'm disappointed and would not have clicked if i knew it was a company lifecycle episode.
@@Blastmaster-ej5kwPerhaps there's a bit of FOMO here? I know it triggers a bit of that for me anyway. When I saw the title (besides being very familiar with Dr A.) it pulls on the string of "Ahh I knew this or that back when I bought Mag1-7, I should have bought more then, held longer, and not sold all or half (or whatever) too soon when I really thought they couldn't go higher. Hmm Maybe this vid will give me an idea how I can get back in, even at these high prices?" But the takeaway should be something you can apply to any evaluation of a company and thus its stock. Side note: I'm no META fan but in Oct 2022 I also thought the Metaverse fiasco was overblown and misunderstood. Bought just under $100. One of my best buys based on fundamentals. Conversely, one of my worst sells and opportunity cost mistakes afterwards! Had a target of $210-220. Around April 2023, it broke $200, lost some momentum and hit resistance at $221, and as far as I was concerned, the next couple of down days were a reversal. Felt like an expert! I promptly sold position ~$210. Thought it was the perfect trade. Nice clean 100%+ return in less than a year..... And then... the market kicked me in the teeth to remind me to sit back down, I don't know shht. It made a local bottom at ~$205 just days after I sold. Ofc didn't know it was a bottom- figured it was headed lower right into my hands to buy back in. NOPE. It gapped up to $240 the next day! Ok ok I'll wait for a pullback. And that pullback never came (not until ~$325. "Too expensive, no way am I buying here!". Famous last words. Kicked myself all the way to $600! Sold for a 2x and gave up the 6x (or 4x relatively). And the reality is, had I held, I would have DEFINITELY sold at $320 ish. And still missed out on the massive run to $600. Have no idea how to decide when the market is being irrational longer than I can stay solvent. My Achilles heel. 🦶🏻
Sick and tired of smart aleks quoting numbers and data which are disputed or incorrect.... India is nowhere in the top 20 in the 2024 some state different countries and mostly is a mush mash bs
Sponsor: YCharts enables financial advisors to make smarter investment decisions and better communicate with clients. Get 20% off your initial YCharts Professional subscription when you start your free trial. go.ycharts.com/meb-faber
Won’t miss even a single chance to listen to this genius! Prof damodaran is sheer class
Aswath, ill watch 30 hours of your work. You're a smart guy and should be a head of some part of the US Government.
Natalie Kayla Kimberly encourages investors to prioritize companies with sustainable competitive advantages and solid financials, offering a disciplined and value-oriented strategy for long-term investing.
Natalie Kayla Kimberly has built a reputation for creating highly personalized financial plans tailored to each investor's unique goals, risk tolerance, and financial situation.
@@NoahAnderson-y4n Natalie is known for her clear, transparent communication with clients, She makes sure her investors understand every step of the process
@@CalebBrown-b3d she takes the time to walk her clients through the changes, keeping them informed and confident in the long-term strategy. This level of transparency has built a foundation of trust and confidence among her investors.
@@IsabellaMartin-z7e Natalie Kayla Kimberly a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@@BenjaminCarter-v9r She goes by Natalie Kayla Kimberly I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
When Aswath answered your question on today's youth, he mentioned they are getting the news online, on social media, etc. He asked who watches the 6:30 news anymore, and he answered probably the same people still using flip phones. LOL the man has a dry sense of humor which I like. My 97-year-old mother watches the 6:30 and by the way, has a flip phone, but we upgraded her last month.
One of the best podcasts I have seen in many years. Very insightful. The professor is the ‘top dog’ and the host is asking some fantastic questions. I am going to buy this guys book. Wish I came across this type of philosophy 10 years ago 😢
Mind blowing I could listen for days !!! Just makes it seem so simple !! We all know it's not !! Lol
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
If you don’t understand the markets, stick to an index like the S&P 500. Dollar cost average and hold long term, or better still consider financial advisory to avoid losses
Sometimes I'm surprised most people don't even know they can do that. I've been making at least 200k every year from my investments by working with an FA. When you realise it, it feels like a life hack.
Wow, that's interesting . I've recently been exploring the option of working with an FA too. Any chance you could recommend who you work with? in her area and works for Empower Financial
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a geniusl Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.
i have some individual stocks that have done well. But i have $150k sitting in a money market gaining interest, and thinking of a 3 or 4 fund approach - should i make bulk purchases across 3 or 4 , different fund positions, or just buy little by little every month, or other? And what %'s to invest in per fund?
I'm banking on the market gains. Put the money in a S&P index fund and leave it alone! When the market dips add more to your fund. It's not rocket science. My fund growth is greater than my annual income. Don't let the stock geeks scare you away by complicating things.
Follow the S&P 500 by investing in ETFs like VOO, SPY, and SCHD. Dollar-cost averaging into these ETFs will likely outperform most investors in this bull run. Remember to always work with a knowledgeable person in the financial market when starting out to avoid getting burnt.
Not bad for a starting point, big spender! But before you toss that 150k at bargain-bin stocks, maybe hit pause. My financial advisor once saved me from a dumpster fire portfolio I was about to build. Seriously, getting professional advice turned my scattered ideas into a solid plan. it's been 4 years and counting. We're working on a 7 figure ballpark goal and we're not far. You should consider it!
@@GaryBker Oh I've heard similar things about hiring an advisor. It's hard to choose one that's very good though. Could you make some useful recommendations?
She goes by "Patricia Grace Barry." cannot reveal too much. Most likely, her basic information is available online; if you'd like, you can do some digging.
Thanks for having him, he's a great Teacher
What a legend! Took his valuation class. It was phenomenal!
genius...one of the best episodes ever and some of the best content out there in podcast land!
We are truly blessed! Thank Mr Damodaran I will be buying the book also 🥳
Mr. Faber, thank you the interview with Mr. Damodaran is insightful. The session was interesting because of your questions and guidance. I appreciate a journalist type of give and take when the person asking the questions is familiar with the guest. It was apparent you knew his work and asked questions that stimulated his answers. Well, I guess that was obvious you have dogeared his latest book. Thanks again I am subscribing to your station. Look forward to uncovering more gems like today.
I've been doing my own investing for about seven years, and I am still learning these lessons (particularly per the first ten minutes of this discussion). One can drive oneself to the asylum by playing some of these head games.
Anyway, Prof. Damodaran has been very instructional in this short piece. I wish I'd discovered him sooner. Very good stuff.
I love his thoughts on the emotional side of trading. The true battle I have seems to be internal.
1st time listening to Ahswath. Great learning experience. Thank you. 👍
Great interview. Thanks for the insights prof. Aswath Damodaran.
There were some great questions asked and very great points discussed. Sane advice!
Enjoyed episode. Thanks!
One strong reason why holding forever is not inimical to the ethos of value investing is the impact of taxes. When one has a huge embedded capital gain on a stock, selling it results (in most cases) in the cash outflow from the payment of taxes.
Great conversation undoubtedly!
Another Indian Genius Intellectual ! Salutations to Aswath Damodaran. Plz Bring him Once More, we want Part 2.0
Brilliant! 👏👏
Ive tried reading a few of Aswaths books - every detailed, fairly advanced. Every time I think I make a little leap, I go back to his books and hope I pick up more info every time
Great insights! Loved the part where Ashwath explains why valuing companies operating at the intersection of politics and business is tough.
Brilliant !! I am now thinking so many tracks. Amazing.
Legend 🙏🏻
First time listener, love the conservation!
Amazing content 🎉
Great analysis of ESG, good job prof.
Deep insights 👌👍
great articulation.
Good analysis and interview
Awesome interview! Would be great to have screenshots of charts mentioned like @24:48
23:20 damn this guy is good.....
nice, tight editing. kudos on the editing to keep it flowing
Very nice and diverse episode, from uber to sugar daddy 😂. Love it!
great insights
Speaking of short attention spans ... I happily spend an hour on this show, I wonder how many do?
Love this guy, dont always agree but like me he likes to keep up with lots of issues
Good point on the problem of serving too many masters. Nothing or Less gets done. And the goal of a business is too get as much done as possible $$$$!
He sounds like a teachers teacher
the OpenAI segment 😲😲
Stressing about this - should i buy or sell this. Go half sell half. Margin of safety when selling to reduce regrets
Meb, some of your guests are just horrible. Yet, some are like Prof. D, Pure Gold! Great show, thank you!
Love it how the dean smiled when you made that comment about wacking a burglar with his new book 😂😂
No time stamps - will move on to the next video. I like how the first ad in the video is about time saving - how ironic. 😅
There are timestamps in the description.
Legit!
What's in all the boxes, Meb?
When should we expect another catalyst on the market other than geopolitical? A sideways market is not good for value investors. What should value investors be doing when the market is trading in a narrow range for too long? I am buying almost on a daily basis. I don't go beyond the Magnificent Seven, though. I have blind faith in Alphabet and am expecting it needs support from the Trump administration to thrive. What is Elon Musk's take on Alphabet? (Stupid question, but I think his viewpoints on Alphabet will matter in the longer run.) Will it survive as one entity by next year? i just got fedup waiting market correction , there are 7 trillion dollar in sidelines waiting to be invested..
Does anyone know if he actually makes money in the markets, or if he is just a theorist?
What about VST.
Hi, this is how an investor explains to me why Asian cos prefer dividend to share buyback. A lot of Asian cos are family owned and dividends are a way of paying back money to the families
But stock buybacks are a "possibility" of stock apreciation. Dividends are a "real" cash payment
Many people still listen to radio in the car, for example. Why are the radio companies all bankrupt? If the consequences of propaganda are so high these days, why are these companies so cheap?
It's too expensive?
Why don't people use platforms that allow them to buy fractional shares? Allocate your funds to the companies you want as a percentage and DCA your acquisition of the shares. That's basically what's happening with our retirement investments through our jobs. The value of your fractional shares grow/shrink with the stock.
ESG?
Actually good ESG uses proper metrics so its not greenwashing at all
What are the Mag Seven???????
Apple, Amazon, Alphabet, Microsoft, Meta, Nvidia and Tesla. All of them have at least $1 trillion market cap
what is his magnificent seven ?
ESG. Time to study another acronym
His argument on india is right but a lot of work has to get done around the country to be the story that it's expected to be .
🙏😊👍
I find it amusing that a school teacher with no experience in the real world of business speaks with such a tremendous amount of authority on how businesses should operate. Reminds me of Siskel & Ebert who've never been anywhere near a movie set, but knew everything about making great movies.
She made me a Millionaire, I used to be a Billionaire!😂
There is one thing he said was not factual. Most of the Chinese mega companies such as Alibaba, Tecent, BYD,...etc. are very young. China has more young, mega companies than either US or India.
BYD yeah but I do not think tencent or alibaba and also when you are talking about China you are talking about completely different world I mean we can all still clearly what happend to alibaba from 2021 to 2023 and we do not know what will Chinese government do to any time are you willing to take the risk ?
Of course, BYD is a good pick. First, it has government support in China, but what about EU tariffs and Indian restrictions on china companies and we do not want to talk about the USA restrictions
But still, I think China is cheap, and with Chinese government recent actions, I am cautiously optimistic, but I am still looking for more buybacks or dividends from the companies but there also headwinds due to geopolitical tensions
I guarantee he made over 1 million on Nvidia
Flip phones are 75 yrs old , rats i never got mine til 2001.😅😊
@10:35 "... something in the process that makes it difficult ...." Well contact me and I will tell you why Germany in particular is failing and will fail, if they don't stop making it difficult.
Too much regulation = less startups
Mag7?
MSTR WILL CONTINUE TO DESTROY ALL!!!
Curious if he's still holding Disney since he was a cult follower and was always wearing their merch 😂
Prof D should be president, he should have been in Biden's cabinet
Really appreciate Prof. Damodaran opinions but his take on India is a questionable one. All the corruption and illegitimate Audit firms. Insiders hiking prices, are yo usure you want to get into that market?
What a bunch of clickbait. We talked about the mag7 for 5 minutes and it's mostly bullshit as if this guy timed the market perfectly. And the topic never comes back
and thank Meb for that I for one am happy, but the fine Dr. actually did what the headline says
@@nickthequick i wont' deny it was a pretty good episode in retrospect, but i'm disappointed and would not have clicked if i knew it was a company lifecycle episode.
@@Blastmaster-ej5kwPerhaps there's a bit of FOMO here? I know it triggers a bit of that for me anyway. When I saw the title (besides being very familiar with Dr A.) it pulls on the string of "Ahh I knew this or that back when I bought Mag1-7, I should have bought more then, held longer, and not sold all or half (or whatever) too soon when I really thought they couldn't go higher. Hmm Maybe this vid will give me an idea how I can get back in, even at these high prices?"
But the takeaway should be something you can apply to any evaluation of a company and thus its stock.
Side note: I'm no META fan but in Oct 2022 I also thought the Metaverse fiasco was overblown and misunderstood. Bought just under $100.
One of my best buys based on fundamentals.
Conversely, one of my worst sells and opportunity cost mistakes afterwards!
Had a target of $210-220. Around April 2023, it broke $200, lost some momentum and hit resistance at $221, and as far as I was concerned, the next couple of down days were a reversal. Felt like an expert! I promptly sold position ~$210. Thought it was the perfect trade. Nice clean
100%+ return in less than a year.....
And then... the market kicked me in the teeth to remind me to sit back down, I don't know shht.
It made a local bottom at ~$205 just days after I sold. Ofc didn't know it was a bottom- figured it was headed lower right into my hands to buy back in. NOPE.
It gapped up to $240 the next day! Ok ok I'll wait for a pullback. And that pullback never came (not until ~$325. "Too expensive, no way am I buying here!". Famous last words. Kicked myself all the way to $600! Sold for a 2x and gave up the 6x (or 4x relatively).
And the reality is, had I held, I would have DEFINITELY sold at $320 ish. And still missed out on the massive run to $600.
Have no idea how to decide when the market is being irrational longer than I can stay solvent.
My Achilles heel. 🦶🏻
@Blastmaster-ej5kw i enjoyed every bit of this podcast, but you have a fair point.
True . But when you see a one hour video of Dr Aswath , it should flow to you , you are going to get the whole package not just the title .
hes so wrong on ESG
You could have 10 minutes videos instead ! Good content but such a waste of time, this guy is sooooo wordy
He talks nonsense - said Nvidia was grossly overvalued at $60…..I did opposite what he said and piled in…..now it’s $140. What a loser
You should title the video more accurately cause this dude doesn’t say anything about his investment approach
Sick and tired of smart aleks quoting numbers and data which are disputed or incorrect.... India is nowhere in the top 20 in the 2024 some state different countries and mostly is a mush mash bs
Under modi India is the most mismanaged country. Don't rely on numbers as all are fake data.