Aswath Damodaran's analogy: Trump 'High-Risk' stock, Xi like Amazon-Thanos-What of PM Modi, Putin?
In an interesting performance, corporate financing and valuation expert Aswath Damodaran sheds light up where would world leaders, US President Donald Trump, and Prime Minister Narendra Modi stand if they were shares. In an exclusive interview with NDTV gins, Damodaran compared Donald Trump with Tesla. He calls Trump ‘a high-risk stock and extremely volatile.’ “It’s a Tesla on a global stage because Elon Musk has a lot of the same thing, doesn’t it,” Aswath Damodaran said. He believed that Trump was ‘absolutely unpredictable’. “Normally, you can look at the person’s history and look at their mindset and say that’s what they’re probably going to do. And Donald Trump – It’s almost impossible to find out what the next step is, “Aswath Damodaran said. He added:” I don’t want to negotiate with Donald Trump because I have no idea where he comes from the next minute. “He further analyzed that Trump used to do in the real estate on the world scene.” Dean of Valuation ” – says Premier Modi is the” chief seller of the India story and he has done a good job of selling the Indian story. ” “The stock in mind, it will have to be a growth story. What about Xi Jinping? About Chinese leadership, Damodaran said Xi Jinping is going a ‘very predictable stock’ in a lot of way ‘. Ruthless “about the end game and he would play the end game.” If Xi Jinping was a stock … he would be a stock that would be more predictable than Trump. But if you have come to this wrong side, God helps you, right? “Except for his army. Can be some kind of Chinese martial arts … He is very good at keeping his enemies close and striking them, ‘he said. Aswath Damodaran is an Indian-American academic. He teaches corporate finance and valuation at the Stern School of Business at New York University.