Session 1: First Steps in Finance

In this session, I start by describing the basic foundations of modern finance, from its trust in cash flows to how we measure and incorporate risk in value.
Slides: www.stern.nyu.edu/~adamodar/pd...

[@rappelzrevival720]

I really wish one day I have a chance to give you a hug and thank you for your service. I could never ever afford to get to NYU, and yet I get to be your student on TH-cam

[@lynth]

It's nice that he's doing this but note that there are lots of free schools everywhere teaching the same content with the same quality (or even better). You don't go to Anglo elite universities for the education (which is often sub-par), you go there for networking. People keep thinking things like the "Times higher education ranking" are about "education". In reality they contain NOT EVEN A SINGLE KPI measuring the quality of education, only stuff like how much money universities have at their disposal (as expressed in how high their research output is, how expensive their facilities are, how many foreign students they have, etc.).
If you actually want to learn about Finance, free universities around the world are just as good at teaching you as these highly-ranked universities. In fact, most of them are probably BETTER because their academic demands are higher and their teaching content denser because they don't base their business on letting rich people in and graduate just because they pay a lot of money.

[@rakshitsingh5664]

@@lynth thank u , for the info.
But buddy can u give some name or channels , which hv. actually proven methods in finance and educating us
That will be really helpful 🙂

[@lynth]

@@rakshitsingh5664 The obvious websites are edx and coursera that offer free university courses from around the world. There are also countries you can move to where studying is free (Germany, Austria, Switzerland, Norway, Sweden, Denmark, Argentina, etc.).

[@kanishkaxagarwal]

@@lynth Hi could you please suggest a few more resources in terms of TH-cam channels or websites? Thank you.

[@grenjith]

@@lynth it is very difficult to get any one better than prof aswath damodaran for finance. You can say this and that. It doesn’t matter. Suggesting coursera as an alternative to this lecture is ultimate

[@micahsnow346]

I am actually a student at NYU but I have only recently (in my senior year) realized that I really need to learn some things about finance for my future career. Stern is often a really exclusive institution even within NYU and I was wondering how much I'd even be able to learn and then I heard that a Stern prof had put all his content online, and that moreover he is regarded as one of the best finance professors in the world. Thank you Professor Damodaran, for making learning so accessible!

[@timothybracken1728]

holy cow professor , you are the best finance teacher on youtube! thank you for all this free content and videos!

[@mohamedirshad.10]

not just youtube. He is one of the top people in his field.

[@ammaraloraini673]

I love you professor ❤️

[@bigjonny2003]

Always quality content. Aswath is so generous with his time and always provides FREE quality videos. AMAZING!.

[@shatrughansingh9841]

I'll forever remain grateful to you sir.... You've given the diamonds

[@josymarnascimento5407]

I read a book four years ago and now start to watch your videos. Thank you!!!!

[@sobriquet5016]

Could not have woken up to any better news than that of news of a new course from Damodaran.

[@dalouan2]

Thank you for sharing your time and knowledge!

[@edwardelric6450]

Respectable Professor! High quality content!

[@eggiemybaby]

Hi Sir Aswath, I graduated finance from a polytechnic university here in our country recently but it is just lately I realize that even though I manage to graduate from their finance program, I have not understood it beyond classroom setup. Thanks for this!

[@AshutoshTiwari532-]

this man is a legend. Thank you Professor :)

[@jaysoni5699]

Aswath sir you are amazing .
Thank you so much for sharing your lectures.
I hope i will get the chance to meet you one day.

[@cristiansierra8382]

You are best teacher! Thanks for this, is really helpful for me, a student from Perú!

[@JalalKZulfiqar]

Thank you for these amazing lectures

[@samuellonzaga7669]

Thank you, professor!

[@joaorodolfo2588]

Thank you Professor. Congratulation

[@ricardocontreras]

Really, thank you Professor...regards from Ecuador

[@abhishekmahajan5814]

Starting my journey in Finance with Aswath Sir today. As a b-school student who has an engineering background, am not that well-versed in it, and kind of scared of everything that is finance-related. But expecting to learn all the basics and get a little knowledge of finance.

[@fifamultiverse2055]

How its going brother? I am also on the same path

[@santhoshmuthyala6767]

@10:30, Death is for sure sir, even in the cayman islands( Tax haven). There might be implicit costs, but death is inevitable even on mars😀.
Indeed, Sir, your contribution to educating the world is highly regarded. Professor of your stature, giving finance discourses for free on youtube is rare. You disproved the saying in economics-there is no such thing as free lunch. But your lectures are definitely going to help many of us get our daily lunch in the future.
Kudos to you, Sir!

[@aspiredCA]

sir i'm speechless thats crazy thanks for making us financially literate

[@mwaikul]

Thankyou! If I ever succeed I promise to pay it forward.

[@agnivbhattacharya2227]

Someone really close to me goes to Tandon NYU. I legit told her to go thank you for me.

[@chhavibansal6944]

Thanks a lot Sir!!

[@Lietonator]

Hello, I have a question! I just found out about you and your channel when TH-cam recommended to me one of your google talks. I have been looking for a finance/investing learning material exactly like this, and was excited to see that you even have post-class tests and everything!
Yes, okay, what kind of nerd gets excited about test, right? Well, the kind whose next question is this: on your website, you mention that parts of "your book" are highlighted, in case the reader has it on hand. But I can't find a mention of which of your books you are referring to! So naturally I was wondering if you could point me in the right direction - which of your books would be the relevant companion for this class?

[@bikram_jha]

Thank you 😇❤️

[@mauriceanderson9007]

what books you recommend on Finance or Corporate Finance?

[@tenzynorsang8877]

Good stuffs 💯

[@matteocavallini8548]

Thanks Prof.

[@anushmadan6316]

I hope to see you and learn from you at stern one day :)

[@giovanegoffiandreucci3502]

thak you for the content

[@whatisequality3753]

Very good video

[@rajtomar2303]

Sir i want to study finance, but i am not sure from where to start watching your videos under which playlist. Can you please tell me the sequence of playlists

[@LamboLapdog]

🤯

[@apricottree8775]

👍👍👍👍

[@bhagat_metaphor]

Sir do finance is really complecative

[@RajVaswaniRox]

Suggestion: a separate video highlighting leverage and it's impact.

[@MrDonkaun]

Session 5 is private . Can't view it

[@StonkSlayd]

th-cam.com/video/BbdbjW8Pq04/w-d-xo.html