The Meb Faber Show

Today’s returning guest is Aswath Damodaran, a professor at NYU, where he teaches corporate finance and equity valuation. In today’s episode, Professor Damodaran delves into the intricacies of investing and the lifecycle of companies. He also covers the challenges of valuation in a changing economy, the trend of buybacks versus dividends, and the evolving role of AI in finance. Be sure to stick around to hear him critique ESG investing and share insights on the broken media landscape. (1:55) Mag7 stocks (7:28) Corporate life cycle (9:47) Factors influencing startup success & characteristics of mature companies (24:41) Capital allocation (26:52) The IPO landscape (34:05) AI in the investment process (39:12) OpenAI's corporate structure (45:48) ESG & the media landscape (50:24) Sports economics ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Today's episode i