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Transcript: Aswath Damodaran

The Big Picture

And as you well know, in 2007, accountants fixed what I thought was a horrendous mistake — RITHOLTZ: Right. But if you load up your portfolio with those, God only knows what a year or two from now you’re going to be looking at because these companies are going to be forced to cut their dividends. RITHOLTZ: Right.

Valuation 298