In this session, Aswath Damodaran suggest some rules that, if followed, will keep the terminal value in check in a DCF.
Aswath Damodaran: Terminal Value
Dan Loeb's Third Point returned 11% in its flagship Offshore Fund and 13.2% in its Ultra Fund for the first quarter. For April, the Offshore Fund was up 1.7%, while the Ultra Fund gained 2.3%. The S&P 500 was up 6.2% for the first quarter, while the MSCI World Index gained 5%. Q1 2021 hedge Read More