NYU Stern School of Business Professor of Finance Aswath Damodaran | Spotlight | Code 2022 

He is soooooo underrated.... He is probably the best a this recode conference. Because he speaks truthfully!

Damodaran is fantastic. Thanks so much for this interview!

Brave to go against the ESG crowd, professor. We salute you for your illumination

So good! First time I'm hearing a well-rounded push back to ESG!

More please! Would love to hear Prof Damo’s suggestions on how to move forward from the deplorable current implementation of ESG.

FANTASTIC!! Exactly the question i asked in my ESG class. But they told me about long term brand building which might or might not end up in cashflow or risk! Brilliant session!

Big fan of Prof Damo.... Btw his deck template hasn't changed for years

It's just so encouraging that a very visible personality in the financial scene is so comfortable in exposing a rigged game like this. Thanks professor, always valuable words.

Can't believe its taken me so long to hear of this guy, just ordered his book !!!!

Legend. He’s been proven right about this. ESG has gotten out of control This quote really hit me: “Some of the advocates believe they have the moral high ground. And because they think they have the moral high ground, they don’t want to debate.” Spot on

Love this guys thought process

My favourite professor!

Awesome thank you!!!!

solid points

Excellent!

Great information! Thank you.

ESG is just an evolution of CSR and companies will continue to game it.

The GOAT!

This has been amazing. Thanks for sharing.

Brilliant guy

excellent speech

That's very hard on ESG & Environmentalist I guess :)

Good one

The king 👑

Dr. PP I ❤ you

ESG may be a game, but Finance is also a game. They are just to different ends.

What a boss!

the federer of equities and reason

"The road to hell is paved with good intentions."😈

For sure the firms that make the most money, are the ones who can deliver on real needs in the most economic way. But increasingly, the needs of society are environmental. Tesla has succeeded to a significant extent based on the green tech aspect. Apple doesn't just succeed based on sexy phones- they emphasise privacy, and low wastage. The idea of ESG, despite some green-washing, will have tangible results over time- whether it be your house installation of solar panels, or governments building 15 min cities. Stock markets might mis-allocate money a bit due to ESG fluff for a while, but over time, money making companies will do well, and ESG window-dressing will mean nothing. Who cares actually if there is some ESG spin- it is just a sub-set of all sorts of talk.