With a full house at the Universidad de Los Andes, Santiago Finance Seminar (Sanfins) welcomed finance and valuation rock star Aswath Damodaran last October 18. The expert made a presentation for executives and backed the theory postulated by the 2018 Economics Nobel Prize laureate, highlighting that market stakeholders are irrational.<\/p>\n
He has been chosen as the best MBA professor in the United States on several occasions and shared a master class with nearly 300 persons in attendance. He shared a pragmatic finance outlook, calling to trust exclusively in the figures and questioning certain concepts, such as \u2018noise\u2019 or \u2018strategy\u2019, which distract investors with matters other than numbers.<\/p>\n
\u201cIf the numbers don’t add up you have to downsize the company\u201d, he stated bluntly, while understanding that’s a tough call. \u201cNobody ever got famous for downsizing a business, no movies have been filmed about the people who make that decision\u201d, he said, followed by a round of laughter from the audience.<\/p>\n
Beyond the theories, he had practical advice for companies and investors. He initially stated that \u201cwhen traditional corporate financial theory breaks apart, the solution is to choose a different mechanism for corporate governance, choose a new objective for the company and maximize stock price while reducing the potential for conflict and breakdown\u201d.<\/p>\n
MundoChile was invited to participate at this important event and provided professional interpreting services for English and Spanish combinations.<\/p>\n","protected":false},"excerpt":{"rendered":"
With a full house at the Universidad de Los Andes, Santiago Finance Seminar (Sanfins) welcomed finance and valuation rock star Aswath Damodaran last October 18. The expert made a presentation for executives and backed the theory postulated by the 2018 Economics Nobel Prize laureate, highlighting that market stakeholders are irrational. He has been chosen as […]<\/p>\n","protected":false},"author":2,"featured_media":1625,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-1634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.translators.cl\/mundochile\/wp-json\/wp\/v2\/posts\/1634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.translators.cl\/mundochile\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.translators.cl\/mundochile\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.translators.cl\/mundochile\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.translators.cl\/mundochile\/wp-json\/wp\/v2\/comments?post=1634"}],"version-history":[{"count":3,"href":"https:\/\/www.translators.cl\/mundochile\/wp-json\/wp\/v2\/posts\/1634\/revisions"}],"predecessor-version":[{"id":1640,"href":"https:\/\/www.translators.cl\/mundochile\/wp-json\/wp\/v2\/posts\/1634\/revisions\/1640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.translators.cl\/mundochile\/wp-json\/wp\/v2\/media\/1625"}],"wp:attachment":[{"href":"https:\/\/www.translators.cl\/mundochile\/wp-json\/wp\/v2\/media?parent=1634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.translators.cl\/mundochile\/wp-json\/wp\/v2\/categories?post=1634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.translators.cl\/mundochile\/wp-json\/wp\/v2\/tags?post=1634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}