The market is overvalued by 9-10%, says NYU's Aswath Damodaran

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  • čas přidán 15. 01. 2024
  • Aswath Damodaran, NYU Stern School of Business, joins 'Closing Bell' to discuss whether he reasoning for the market being overvalued

Komentáře • 101

  • @Chaim127
    @Chaim127 Před 5 měsíci +31

    I’m 26, $300K net worth. Been saving 50% of my salary, investing in stocks & living below my means. My goal this year is to be more serious and consistent with my investments for long term. I’m worried with the numerous bank failures as of late, am I better off reinvesting my savings in the stock market or do I wait?

    • @Edgardo477
      @Edgardo477 Před 5 měsíci

      Its best if you buy growth/blue-chip/large caps stocks only duo Its unclear which stocks and sectors will lead the market in the next uptrend. looking at your budget, you should consider financial advisory

    • @ArchieLatham502
      @ArchieLatham502 Před 5 měsíci

      @terhagenSettimo I'm looking to give stocks another shot after staying on the sidelines since the pandemic, if you do not mind, could you explain a little bit how you're getting guidance and how can I contact the advisor?

    • @ArchieLatham502
      @ArchieLatham502 Před 5 měsíci

      Thanks for sharing. searched for her full name and her website popped up, I set up a call with her

    • @jaidenSalinas
      @jaidenSalinas Před 5 měsíci

      Excellent info. My problem is when it starts dropping I think it's going to keep dropping for awhile and I wait so I can get the best deal. Next thing I know, it's back up again

    • @powerball24gamingchannel14
      @powerball24gamingchannel14 Před 4 měsíci

      Start getting into real estate. I'm in the same boat as you

  • @gaseousclay6126
    @gaseousclay6126 Před 5 měsíci +6

    Just recently, he said everything was perfect two weeks ago

    • @Rikimkigsck
      @Rikimkigsck Před 4 měsíci +2

      And since that time market is up 10%

  • @dogmom-pt5we
    @dogmom-pt5we Před 5 měsíci +51

    I am really worried about the current bank crisis/interest rates, these are all the signs of yet another 2008 market crash 2.0 , so my question is do I still save in the United States dollar or is this a good time to buy gold?

    • @purplebliss6875
      @purplebliss6875 Před 5 měsíci +1

      It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks fr awhile or better still reach out to an adviser for guidance.

    • @roberttaylor662
      @roberttaylor662 Před 5 měsíci

      True, a lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $175k to approx. $350k so far.

    • @rebeccaartgallary
      @rebeccaartgallary Před 5 měsíci

      @@roberttaylor662 This is exactly how i wish to get my finances coordinated ahead of retirement. Can I get access to your advisor?

    • @roberttaylor662
      @roberttaylor662 Před 5 měsíci

      The advisor that guides me is Monica Amanda McClure most likely the internet is where to find her basic info, just search her name. She's established.

    • @rebeccaartgallary
      @rebeccaartgallary Před 5 měsíci

      Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

  • @davidmercado2329
    @davidmercado2329 Před 4 měsíci +1

    Although he excels in teaching valuation techniques and tools, there's room for improvement in embracing humility, especially in learning from Warren Buffett. Buffett's approach shuns predictions, emphasizing intrinsic value, a prudent approach to Mr. Market's fluctuations, and maintaining a margin of safety. While Dr. Damodaran is undoubtedly skilled in valuation, there appears to be a perception of ego, which can be perilous in investment. I acknowledge my gratitude for his book, spreadsheets, and website, but I'll approach his teachings cautiously, recognizing the significance of humility and ego in investment strategies.

    • @dto8525
      @dto8525 Před 4 měsíci +1

      Just to add. He grew up in India and so his perspective mostly is influenced by his education in India.

  • @MARKXHWANG
    @MARKXHWANG Před 5 měsíci +4

    amazing one can value things that precisely, like a god

  • @joshmiller2725
    @joshmiller2725 Před 4 měsíci +1

    Some ai stocks are overvalued, but the market as a whole is pretty fairly valued. We just had 4 years of record inflation. How long do you expect the market to go? Of course we’re at ATH

  • @gumpenaprasanth6142
    @gumpenaprasanth6142 Před 5 měsíci +7

    isnt he the person who said to sell Nvda and called it overvalued when it was 300

    • @barryallen6927
      @barryallen6927 Před 4 měsíci +4

      Just because something is overvalued doesn't mean it cannot get more and more and more and more overvalued, and eventually a bubble.

  • @jeffrose5622
    @jeffrose5622 Před 5 měsíci +5

    Isn't this the same loser that said NVIDIA was a $200 stock?! LOL!!!!!!

  • @letsdanceonhere
    @letsdanceonhere Před 5 měsíci +10

    I very much respect Aswath and his advice but didn't he just recently state that the market was fairly valued?

    • @ah-choo
      @ah-choo Před 5 měsíci +4

      i was thinking this too. he said it was "overvalued, but not by much". the interview i remembered was from Nov 27 2023 when S&P500 was at 4550. czcams.com/video/InG49fWKmT4/video.html is it drops 9% from today's close, it would be at 4336

    • @FireEverLiving
      @FireEverLiving Před 5 měsíci

      He updates his market valuations monthly. The spreadsheets with all of his calculations and assumptions are on his site.

    • @simonxu9771
      @simonxu9771 Před 5 měsíci +1

      In November, when the rate was at 4.4%, his view was that SP500 at 4500 was about fair value. Now that the rate is lower at 4%, we should still be at fair value by that logic. Can't cut that close for stock market anyway. It's close enough.

    • @dannthegentleman4261
      @dannthegentleman4261 Před 5 měsíci +1

      Maybe... Things change?

    • @KP-by4eu
      @KP-by4eu Před 5 měsíci +1

      @@ah-choo Yes if 4350 is fairly valued (10% drop from here), 4550 is slightly overvalued (about 5%). However, that was before the earnings downgrades that started late Dec and early January. Q1 was expected to be up 4% YoY but now around 1% YoY. I don't see any inconsistencies with what he said. Roughly 5% overvalued, you can kinda call it market fluctuation. But 10% overvalued, yeah you're definitely gonna call that out.

  • @MARKXHWANG
    @MARKXHWANG Před 5 měsíci +2

    It soon will be 50% more overvalued before you know it

  • @isaacnewton3514
    @isaacnewton3514 Před 5 měsíci +4

    Yeah just like Nvidia was valued at $240 by this man 😂

    • @mingdianli7802
      @mingdianli7802 Před 5 měsíci

      When was this? I remember at a certain point last year he was long NVDA.

    • @isaacnewton3514
      @isaacnewton3514 Před 5 měsíci

      @@mingdianli7802type his name and nvidia in the search bar

  • @eugenefirebird8938
    @eugenefirebird8938 Před 5 měsíci +1

    Stock indexes are at 6x real value and those values are totally dependent on the Fed's money printing, and government borrowing which now total $44 trillion combined. RE is 2x to 3x real value also.

    • @jeffreyreid
      @jeffreyreid Před 3 měsíci

      Of course values are dependent on the Fed. The government controls the economy. The Fed is the handmaiden. You can fight that because of your beliefs, but it's reality and it's not necessarily bad. If they didn't do what they did in 08-09, we would have had the 1930s. They kept the economy going in 2020, otherwise another depression. Yes, debt is high. It's not unsustainable. Fiscal conservatives have been crying about a debt bubble for 50 years now. Always wrong. They don't understand the system. The government has helped the economy grow leaps and bounds since the gold standard was abandonded. Stop spending? I guarantee you the Chinese won't.

  • @jacqueslucas8616
    @jacqueslucas8616 Před 5 měsíci +4

    What is a uturty?

  • @danielparry7643
    @danielparry7643 Před 4 měsíci

    I am curious that I want to know why hasn't more been done on the DNA side of the Talpiot tomb? There seems to be characters like Peter, John the Baptist, ect... that might be able to improve the likelihood of a match.

  • @karuneshkaimal
    @karuneshkaimal Před 5 měsíci

    9 to 10 % , lets see at the end of year

  • @SunggukLim
    @SunggukLim Před 4 měsíci

    3weeks has passed. but the market is still going up

  • @werwerfff
    @werwerfff Před 5 měsíci +3

    I couldnt agree more.

  • @jack12343
    @jack12343 Před 3 měsíci

    So what I'm hearing is: "last year all the so-called "experts" got it wrong, but this year you can trust us to get it right." If Warren Buffett and Peter Lynch couldn't predict the market, how can Aswath Damodaran?

  • @avocadoarmadillo7031
    @avocadoarmadillo7031 Před 5 měsíci

    He might be right, but most of the time when people say that they end up being wrong.

  • @TheNORegretShow
    @TheNORegretShow Před 2 měsíci

    1.Pay off debts.
    2. Have a 1 year emergency fund
    3. Drive your old car into the ground then fix it.
    4. Stop worrying about what people think of you.
    5. Invest in index funds
    6. Sit back eat popcorn and watch people cry about Bitcoin losses
    7. Walk your path.

  • @earlwilliams5473
    @earlwilliams5473 Před 5 měsíci +2

    A market isn't over valued till the share holders say it is. If We want to be a part of the winning US market , we will. Nvda isn't worth $100 a share, but to us it's worth $500+

  • @bubpori5105
    @bubpori5105 Před 5 měsíci

    Valuation has been toppy for A While Seams to hang in there do to all that up tick this past year the f.o,m,o, Carries some Weight Could be in a Float or Correction Territory with some of the laggards Health care, Telecommunications, Commercial Real-estate etc. oil has been Slipping Despite Cutbacks a Sign of Weak Demand !.

  • @phumkhmertv2028
    @phumkhmertv2028 Před 5 měsíci +1

    LoL, imagine you YOLO buy call option, then your lecturer goes on tv and says market overvalue 😂

  • @francesco.b83
    @francesco.b83 Před 5 měsíci

    Not one know!

  • @rollie5579
    @rollie5579 Před 5 měsíci +5

    Didn't he just recently say NVDA is a $250 stock?

    • @Corgiking521
      @Corgiking521 Před 5 měsíci +1

      He’s mad he didn’t buy it. Probably has a short position now 😂

    • @vinnythejinny
      @vinnythejinny Před 5 měsíci +3

      @@Corgiking521 No he is been long on NVDA for almost 10 years. He did mention that he continues to hold NVDA and didnt liquidate.

    • @dannthegentleman4261
      @dannthegentleman4261 Před 5 měsíci

      What this video has to do with NVIDIA?

    • @wallysan31
      @wallysan31 Před 5 měsíci +1

      @@Corgiking521 He's held NVDA for so long, his remaining position is a 10x bagger.... go look him up.

    • @KP-by4eu
      @KP-by4eu Před 5 měsíci

      @@dannthegentleman4261 people need to find a reason to confirm their beliefs, even if the reason is wrong.

  • @illegalsmirf
    @illegalsmirf Před 5 měsíci

    thank you, come again!

  • @1maxusa
    @1maxusa Před 5 měsíci +1

    Take this guy's opinion with a grain of salt, he's been wrong a lot...specifically on TSLA.

  • @FireEverLiving
    @FireEverLiving Před 5 měsíci +1

    Aswath usually says that the market is within a few % of fair value, so I take this pretty seriously.

  • @richiemello3447
    @richiemello3447 Před 5 měsíci

    "Its already priced in" is just another way of I have no other way to explain what is going on so I will say this instead.

    • @Dsexh_dsexh
      @Dsexh_dsexh Před 5 měsíci

      It’s Bernie maddoffs economics in practice

    • @Dsexh_dsexh
      @Dsexh_dsexh Před 5 měsíci

      It’s Bernie maddoffs economics in practice

    • @Dsexh_dsexh
      @Dsexh_dsexh Před 5 měsíci

      It’s Bernie maddoffs economics in practice

  • @shukranisengo7998
    @shukranisengo7998 Před 5 měsíci

    Observing the events unfolding globally,The financial market has faced challenges in the last month,with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

    • @eriklong6152
      @eriklong6152 Před 5 měsíci

      Well its the start of the year so it will be early to say much especially considering the fact that I rely solely on my CPA for all business decisions.I have confidence that everything will turn out well for you.

    • @davemallinson4204
      @davemallinson4204 Před 5 měsíci

      Oh, that's truly captivating! Do you mind connecting me to your advisor please. My wife and I we desperately need one to diversified our portfolio.

  • @masala8908971
    @masala8908971 Před 5 měsíci

    Every recession came up when there was too much exuberance 😂

  • @RajDeelish
    @RajDeelish Před 5 měsíci +1

    This guy is down on the market all the time. He would have missed all the major rallies.

    • @wallysan31
      @wallysan31 Před 5 měsíci +1

      Ummm he was holding NVDA back in 2018. He was in on Apple more than 10 years ago. He's just doing a DCF on the S&P 500 and updating it. Guy is the dean of valuation for a reason.

  • @mauriceMrGrind
    @mauriceMrGrind Před 5 měsíci +2

    This guy is always negative no matter what.I wonder what his returns are 🤔

  • @Fred-yd9md
    @Fred-yd9md Před 5 měsíci +3

    Why the professor is wearing lipsticks?

    • @markwatson3766
      @markwatson3766 Před 5 měsíci

      Chapstick?

    • @Dsexh_dsexh
      @Dsexh_dsexh Před 5 měsíci

      Everyone wears makeup on TV… literally the guy in the suits got more make up on then a drag queen on rupauls, well he might have a drag queen from rupauls doing his makeup

    • @truckingmoney485
      @truckingmoney485 Před 5 měsíci

      Was thinking the same thing definitely lipstick

    • @truckingmoney485
      @truckingmoney485 Před 5 měsíci

      Was thinking the same thing definitely lipstick

    • @Fred-yd9md
      @Fred-yd9md Před 5 měsíci

      @@truckingmoney485 may be he owns the stock of that lipstick company 😂

  • @crispingarza5658
    @crispingarza5658 Před 5 měsíci

    You Think? You dont know.

  • @MassimoX
    @MassimoX Před 5 měsíci

    Damodaran is in the bubble........

  • @sreedharanaidu3175
    @sreedharanaidu3175 Před 4 měsíci

    Yeah right. A company that has a PE ratio of 100 is only 10% overvalued. Give me a break. Bloody speculation.

  • @PantherBtc
    @PantherBtc Před 5 měsíci

    How did he come up with 9-10 %? I am pretty sure he is clueless.

  • @Dsexh_dsexh
    @Dsexh_dsexh Před 5 měsíci +1

    tbh I think the stock markets practicing Bernie Maddoff Economics rn

  • @keto6789
    @keto6789 Před 5 měsíci +5

    The market will keep going up. They want weak hands to sell

    • @richiemello3447
      @richiemello3447 Před 5 měsíci

      Always

    • @kennypowers1945
      @kennypowers1945 Před 5 měsíci +1

      Nope they want dumb money to keep buying so they can dump

    • @deepdeception7953
      @deepdeception7953 Před 5 měsíci

      Not a chance, the MACD doesn’t lie….massive rollover occurring, banks have 10s of billions in bad loans, by all means, buy into it if you want….you’ll lose money, rally is over, huge crash, $SPY will be under 380 come spring time

    • @deepdeception7953
      @deepdeception7953 Před 5 měsíci

      Not to mention, one need only look at the inverted yield curve, and it’s path to reverting to the norm, or the US dollar index. The writing is on the wall and it has been on the wall, this week it begins.

    • @keto6789
      @keto6789 Před 5 měsíci

      @@deepdeception7953 wrong

  • @god-son-love
    @god-son-love Před 4 měsíci

    No wonder he can only be a professor.

  • @francesco.b83
    @francesco.b83 Před 5 měsíci

    I not listen no one. I buy for long term

  • @russelltakemoto230
    @russelltakemoto230 Před 5 měsíci +1

    MArkets going to crash

  • @briantep458
    @briantep458 Před 5 měsíci

    first

  • @deepuv7
    @deepuv7 Před 5 měsíci +2

    LOL, this guy. Is he trying to tell us that fundamentals drive this market?