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re: Aswath Damodaran says Tesla stock is worth $67

Posted on 10/31/13 at 8:01 pm to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 10/31/13 at 8:01 pm to
quote:

Damodaran concluded that Tesla is worth $67.12.


at predictions to four digits.

A prediction of "oh, somewhere between 60 and 80 bucks on average" would be more honest.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 10/31/13 at 8:07 pm to
One of my favorites was a WSJ article (they should have known better) talking about a European deal worth an estimated 10,654,312 dollars or something like that.

Of course, the real estimate had been 10 million Euros and the writer had used the Euro-dollar exchange rate, which is far more precise than the estimate.
Posted by jso0003
Member since Jun 2009
5170 posts
Posted on 11/1/13 at 11:18 am to
quote:

A prediction of "oh, somewhere between 60 and 80 bucks on average" would be more honest.


Ive actually heard him joke about how he breaks valuations out to the penny pretty much as a troll.

The fact that it is an estimate is implied.

I took his valuation course via iTunes U and he is super interesting.
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