An independent professional's take on the latest news and trends in global financial markets

Posts Tagged ‘Ashwath Damodoran

Stock market bubbles under the microscope

My thanks to Tim du Toit, founder of EuroshareLab, an excellent Europe-wide stock screening service, for alerting me to this interesting and sensible academic perspective on stock market bubbles – how to measure them, what to think about them, how to react to them.  The author is Aswath Damodoran, a professor at the Stern School of Business at New York University.  His article includes a number of spreadsheets which readers can usefully adapt to make their own calculations of PE ratios and future returns.

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