Odd Lots: The World's Foremost Expert Explains How to Value a Stock
Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics.
In this age of algorithms and quants, you hear less and less about good old stock picking -- the style of investing associated with Warren Buffett or Benjamin Graham.
But that doesn't mean you can't still dive into a balance sheet or cash flow statement in order took divine a stock's true worth. On this week's Odd Lots we speak to Aswath Damodaran, a professor at NYU's Stern School of Business, and the foremost expert on stock valuation. He explains his general approach to valuing stocks, and how he might use that framework on companies like GE, Tesla, and Uber.