Investment Philosophies By Aswath | Damodaran Pdf

Minimize self-inflicted damage by spreading bets (diversification), acting rarely (low turnover), and staying away from personal weaknesses. 2. The Development Framework

Form a point of view on how markets work and where they are likely to break down. Investment Philosophies By Aswath Damodaran Pdf

Choose a philosophy that aligns with your specific risk aversion, time horizon, portfolio size, and tax status. 3. Key Categories of Investment Philosophies acting rarely (low turnover)

Markets are generally efficient but fail during periods of extreme uncertainty or change. Investment Philosophies By Aswath Damodaran Pdf