By Aswath Damodaran. Originally published at ValueWalk.
In this class, we started with a quick review of narrative changes, shifts and breaks and how earnings reports, in particular, can alter your narrative for a company. Since many of you will be dealing with earnings reports in the next couple of weeks, I thought you may find these two posts of interest in how narratives shift, and with them, values:
Reacting to Earnings Reports: http://aswathdamodaran.blogspot.com/2…
Narrative Resets: http://aswathdamodaran.blogspot.com/2…
We started with three conventional valuations, one of Con Ed, another of 3M and the third of the S&P 500. Next week, things get interesting!
Start of the class test: http://www.stern.nyu.edu/~adamodar/pd…
Slides: http://www.stern.nyu.edu/~adamodar/po…
Post class test: http://www.stern.nyu.edu/~adamodar/pd…
Post class test solution: http://www.stern.nyu.edu/~adamodar/pd…
The post Aswath Damodaran Session 13: Story Changes and First DCFs appeared first on ValueWalk.
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