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Session 12 (of 42): Introduction to Value Investing

Mar 24, 2026

Aswath Damodaran begins a series on value investing, contrasting it with growth investing. He defines value investors as those focused on assets in place rather than speculative growth assets. He outlines three practice methods: passive screening (like Ben Graham's screens), contrarian investing (buying after significant price drops), and activist investing (pushing for company changes).

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Warren Buffett has openly expressed regret for not buying Microsoft during its growth phase, despite his friendship with Bill Gates.

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Warren Buffett took a position in Goldman Sachs during the peak of the 2008 financial crisis, receiving a favorable deal due to the company's need for a supportive shareholder.

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