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Aswath Damodaran: Big acquisition

“I have 53 stocks in my portfolio, and I have one trigger that will lead me to sell the stocks right away. You do a big acquisition, I’m out of your stock. I don’t care what justification you give me. Because I know my history. If you do a big acquisition, the odds are loaded up against you.”

—Aswath Damodaran. 


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