Transcript: Aswath Damodaran
The Big Picture
APRIL 11, 2023
Since 2004, the tax rate on dividends and capital gains is 15 percent, 18 percent, 21 percent. So when he bought Goldman Sachs in November of 2008 and Bank of America in November 2008, I thought about a traditional portfolio manager doing the same thing and trying to explain to their clients what they just did. They match up.
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