09 March 2026
What's The Real Value of Your Degree? Aswath Damodaran
Into the Impossible With Brian Keating
About
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Aswath Damodaran joins Brian Keating to argue that markets, universities, and financial models are all suffering the same disease — mistaking mechanical processes for genuine thinking — and explains why Nobel economists aren't billionaires, why academia is the most deserving target for disruption, and why every major asset class is now overpriced with nowhere left to hide.
00:00 Intro
00:01:37 Why Nobel Economists Aren't Billionaires
00:06:08 Universities Have Completely Lost the Plot
00:07:43 95% of Academic Research Is Worthless
00:13:05 The University Is a Sticky Business — But Cracks Are Forming
00:40:00 ChatGPT Already Does What Bankers Charge Millions For
00:46:43 The Most Dangerous Number in Finance
00:52:35 There Is No Safe Place Left to Put Your Money
00:55:48 When Every Asset Is Overpriced, Buy What You Love
01:00:22 We Are Losing Our Ability to Think
01:01:30 Markets Are Smarter Than Experts — Every Single Time
➡️ Follow Aswath Damodaran
🌐 Website: https://pages.stern.nyu.edu/~adamodar/
📚 The Little Book of Valuation: https://pages.stern.nyu.edu/~adamodar/
📝 Musings on Markets (Substack): https://aswathdamodaran.substack.com
Join this channel to get access to perks like monthly Office Hours:
https://www.youtube.com/channel/UCmXH_moPhfkqCk6S3b9RWuw/join
📚 Get my books:
Think Like a Nobel Prize Winner, with productivity tips from 9 Nobel Prize winners: https://a.co/d/03ezQFu
Focus Like a Nobel Prize Winner, with life-changing interviews with 9 Nobel Prizewinners: https://a.co/d/hi50U9U
My tell-all cosmic memoir Losing the Nobel Prize: http://amzn.to/2sa5UpA
The first-ever audiobook from Galileo: Dialogue Concerning the Two Chief World Systems: Ptolemaic and Copernican https://a.co/d/iZPi9Un
Follow me to ask questions of my guests:
🏄♂️ Twitter: https://twitter.com/DrBrianKeating
🔔 Subscribe https://www.youtube.com/DrBrianKeating?sub_confirmation=1
📝 Join my mailing list; just click here http://briankeating.com/list
✍️ Detailed Blog posts here: https://briankeating.com/blog
🎙️ Listen on audio-only platforms: https://briankeating.com/podcast
#universe #podcast #briankeating #intotheimpossible #science #astronomy #cosmology #cosmicmicrowavebackground #intotheimpossible #briankeating
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Aswath Damodaran joins Brian Keating to argue that markets, universities, and financial models are all suffering the same disease — mistaking mechanical processes for genuine thinking — and explains why Nobel economists aren't billionaires, why academia is the most deserving target for disruption, and why every major asset class is now overpriced with nowhere left to hide.
00:00 Intro
00:01:37 Why Nobel Economists Aren't Billionaires
00:06:08 Universities Have Completely Lost the Plot
00:07:43 95% of Academic Research Is Worthless
00:13:05 The University Is a Sticky Business — But Cracks Are Forming
00:40:00 ChatGPT Already Does What Bankers Charge Millions For
00:46:43 The Most Dangerous Number in Finance
00:52:35 There Is No Safe Place Left to Put Your Money
00:55:48 When Every Asset Is Overpriced, Buy What You Love
01:00:22 We Are Losing Our Ability to Think
01:01:30 Markets Are Smarter Than Experts — Every Single Time
➡️ Follow Aswath Damodaran
🌐 Website: https://pages.stern.nyu.edu/~adamodar/
📚 The Little Book of Valuation: https://pages.stern.nyu.edu/~adamodar/
📝 Musings on Markets (Substack): https://aswathdamodaran.substack.com
Join this channel to get access to perks like monthly Office Hours:
https://www.youtube.com/channel/UCmXH_moPhfkqCk6S3b9RWuw/join
📚 Get my books:
Think Like a Nobel Prize Winner, with productivity tips from 9 Nobel Prize winners: https://a.co/d/03ezQFu
Focus Like a Nobel Prize Winner, with life-changing interviews with 9 Nobel Prizewinners: https://a.co/d/hi50U9U
My tell-all cosmic memoir Losing the Nobel Prize: http://amzn.to/2sa5UpA
The first-ever audiobook from Galileo: Dialogue Concerning the Two Chief World Systems: Ptolemaic and Copernican https://a.co/d/iZPi9Un
Follow me to ask questions of my guests:
🏄♂️ Twitter: https://twitter.com/DrBrianKeating
🔔 Subscribe https://www.youtube.com/DrBrianKeating?sub_confirmation=1
📝 Join my mailing list; just click here http://briankeating.com/list
✍️ Detailed Blog posts here: https://briankeating.com/blog
🎙️ Listen on audio-only platforms: https://briankeating.com/podcast
#universe #podcast #briankeating #intotheimpossible #science #astronomy #cosmology #cosmicmicrowavebackground #intotheimpossible #briankeating
Learn more about your ad choices. Visit megaphone.fm/adchoices