Another piece of excellent work. I reckon in practice so many pays little attention and effort in bringing these analysis to life. Sometimes I wonder if at some point, we can learn from computer software industry, assembly our knowledge in packages/modules, create an interface between general valuation stakeholder who might not understand all of these but are still be able to use state of art corporate finance models.
Hello, Professor Damodaran, I've got a question for you. How do you incorporate the correlation of risks between two countries or among countries in your framework. I am not an expert in the CDS market, but I do remember in that market, they specifically look at the possibility of multiple defaults among High Yield (Junk bond) names . Thank you in advance :) (mr.joseph.cai@gmail.com)
I included your post in my links Monday compilation post: Emerging Market Links + The Week Ahead (August 19, 2024) https://emergingmarketskeptic.substack.com/p/emerging-markets-week-august-19-2024 ... HOWEVER, some of the charts come from sources that are almost pure Western propaganda e.g. the so-called Democracy Index - The EU is more and more authoritarian while alot of people who don't read the Economist don't think a "full democracy" is a country where a political party (that the elites hate) can get 4 million votes and only 4 seats in parliament while a party getting less than that number of votes gets several dozen seats etc...
I ALSO WROTE THIS PIECE SOME TIME AGO:
Emerging Market Country Selection in a Multipolar World: Twelve Things to Consider
Thanks for sharing, always appreciated
Encouraging to see Malaysia improved risk premium
Yea... Who's PM may be a little more stable for now but government policy is still chaotic e.g. the ever changing and still unclear MM2H policy.... 😂
Another piece of excellent work. I reckon in practice so many pays little attention and effort in bringing these analysis to life. Sometimes I wonder if at some point, we can learn from computer software industry, assembly our knowledge in packages/modules, create an interface between general valuation stakeholder who might not understand all of these but are still be able to use state of art corporate finance models.
Hello, Professor Damodaran, I've got a question for you. How do you incorporate the correlation of risks between two countries or among countries in your framework. I am not an expert in the CDS market, but I do remember in that market, they specifically look at the possibility of multiple defaults among High Yield (Junk bond) names . Thank you in advance :) (mr.joseph.cai@gmail.com)
I included your post in my links Monday compilation post: Emerging Market Links + The Week Ahead (August 19, 2024) https://emergingmarketskeptic.substack.com/p/emerging-markets-week-august-19-2024 ... HOWEVER, some of the charts come from sources that are almost pure Western propaganda e.g. the so-called Democracy Index - The EU is more and more authoritarian while alot of people who don't read the Economist don't think a "full democracy" is a country where a political party (that the elites hate) can get 4 million votes and only 4 seats in parliament while a party getting less than that number of votes gets several dozen seats etc...
I ALSO WROTE THIS PIECE SOME TIME AGO:
Emerging Market Country Selection in a Multipolar World: Twelve Things to Consider
Globalization, sovereignty, oil+gas, alt energy, water, industrial minerals, gold+silver (real money), "real" vs. "fake" economy, agriculture, intellectual capital, demographics & climate fanaticism.