Grateful to @AswathDamodaran for sharing his wisdom in this remarkable conversation with @veiled_value about the book, The Dark Side of Valuation.

Excerpts follow in this thread.
Members, access the full interview

On every investor's worst enemy:
On uncertainty:
On multiples vs. DCF:
On stories and valuation:
On "circle of competence":
On copying Warren Buffett:
On quality management:
On ESG:

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