Thursday, February 02, 2017

aswath damodaran, valuation expert, on fragiliy

'I don't believe India is that fragile'
Aswath Damodaran, professor of finance, New York University's Stern School of Business
January 30, 2017 09:28 IST
'I have very little faith in economists who tell me that demonetisation will reduce growth.'
'The greater effect of demonetisation is if it creates changes in the financial services system and gets people to shift from cash.'
'The economy is not a trained monkey that will jump around if you lower rates.'

sent from samsung galaxy note3 neo, so please excuse brevity

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