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Aswath Damodaran: Being Honest To Yourself Is The First Step To Becoming A Good Investor

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Jacob Wolinsky
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ValueWalk's Raul Panganiban interviewed Professor Aswath Damodaran, discussing how many hours he prefers to work, how he structures his time, his favorite books, his views on the market, and if he likes any baseball franchises. This interview was recorded in May 2018 and was recently transcribed.

Q1 hedge fund letters, conference, scoops etc

Aswath Damodaran
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Yeah. I remember William Bernstein said that he finds 40 hour work weeks perfect because that allowed him to, like what you said, think, because he said [inaudible].

Right, I actually prefer 20 hour work weeks...

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob covered small caps, worked recruiting members for a large hedge fund community and freelance financial journalism. Jacob lives with his wife and five kids in Passaic Park NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal ID. Other methods of secure communication are also available. FD: Most of my portfolio is in I mostly purchase broad-based ETFs, mutual funds or individual bonds - I do this for performance reasons and to avoid any potential conflict of interest or occasional receipt of insider information. I will disclose if I have a stake in any company, but in general I have few stocks and I avoid any trading especially around topics I am covering.