'Short-term sharp corrections better than long bearish markets'

Source: ETBB
Equity markets have been volatile in recent times and the talking heads have worsened matters by obfuscating ground realities. As part of our continuing ‘Foreign Hand’ series, New York-based Aswath Damodaran, professor of finance at Stern School of Business, and author of best-sellers such as “Damodaran on Valuation” and “Investment Management” co-authored with Peter Bernstein spoke about the issue.
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