In this class, we continued our discussion of stories, and how critical it is to keep the feedback loop open, so that you can make your stories better. I also talked about runaway stories and the big market delusion, and if you are interested, here are my posts on the topics:
Runaway stories: https://aswathdamodaran.blogspot.com/...
Big Market Delusions: https://aswathdamodaran.blogspot.com/...
We also talked about how story breaks, shifts and changes. Since I talked about dealing with new earnings reports, I thought you may find these two posts of interest in how narratives shift, and with them, values:
Reacting to Earnings Reports: http://aswathdamodaran.blogspot.com/2...
Narrative Resets: http://aswathdamodaran.blogspot.com/2...

Start of the class test: https://pages.stern.nyu.edu/~adamodar...
Slides: https://pages.stern.nyu.edu/~adamodar...
No post class test and solution