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Transcript: Aswath Damodaran

The Big Picture

And then in 2012, I think Berkshire Hathaway initiated its buybacks with a cap, which is, you know, that they will do buybacks as long as the price was less than intrinsic value. DAMODARAN: Because the answer is an average portfolio manager is driven by emotion and mood. RITHOLTZ: He was not a fan. RITHOLTZ: Right.

Valuation 286