Excess Returns

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The Trillion Dollar Gap | Aswath Damodaran on SpaceX, AI and the Big Market Delusion

Explore episode Jun 19, 2026

Where this was said

Introducing Aswath Damodaran and The Intangible Economy

At 1:28 · chapter starts 1:03

Damodaran delivers his central thesis: any company can be a good investment at the right price; growth can destroy value when margins are weak; and the AI market stories are terrifying if they come true.

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