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Musings on Markets

Aswath Damodaran

Investing, Markets and Business

Platform
Substack
PricingOnly free issuesPublishesWeekly
Issues670SubscribersRead aswathdamodaran.substack.com

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Latest Issues

Recent posts by this newsletter. Browse the email archive.

The AI Disruption: From Doomsday Destruction to Do-Nothing Bots!

When Chat GPT made its debut on November 30, 2022, it unleashed the hype of AI, and in the three years since, AI has taken on an outsized role not just in markets, but also in our lives. For much of the time, the AI story has been told by i...

11 days ago
134
7

Data Update 8 for 2026: Dividends and Buybacks!

In the data update posts this year, I have wended my way from the macro (equities collectives, the bond market and other asset classes) to the micro, starting with hurdle rates and returns in posts five and six and the debt/equity choice in...

19 days ago
73
5

Data Update 7 for 2026: Debt and Taxes

In my fifth data update, I examined hurdle rates in 2025, and in my sixth data update, I looked at the profitability and return metrics for firms. Both hurdle rates and profitability metricsmcan be affected by how much debt companies choose...

24 days ago
55
3

Data Update 6 for 2026: In Search of Profitability!

Crass and mercantile though this may sound, the end game for a business is to make money, and a business that fails this simple test cannot survive for long, no matter how noble its social mission, how great its products and how much it is ...

a month ago
69
5

Authors

The writers behind this newsletter.

  • Aswath Damodaran

    Fascinated by finance & markets and like writing about them, but teaching is my passion.

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