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Prof G Markets

Markets are Ignoring Catastrophic Risks — ft. Aswath Damodaran

Prof G Markets

Prof G Media & Vox Media

Investing, Entrepreneurship, Business

4.31.4K Ratings

🗓️ 20 February 2026

⏱️ 71 minutes

🧾️ Download transcript

Summary

Scott Galloway and Ed Elson are joined by Professor Aswath Damodaran. They discuss the unraveling global order, unpack the “catastrophic risks” that are on his radar, and get his take on the software selloff. Plus, he breaks down whether he would prefer Anthropic or OpenAI in his portfolio.  Aswath Damodaran is the Kerschner Family Chair in Finance Education and Professor of Finance at NYU’s Stern School of Business. You can read his research on Musings on Markets. Resist and Unsubscribe Check out our latest Prof G Markets newsletter Follow Prof G Markets on Instagram Follow Ed on Instagram, X and Substack Follow Scott on Instagram Send us your questions or comments by emailing Markets@profgmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:26.5

The world needs defenders. Defenders need Darktrace. Visit darktrace.com slash defenders for more

0:31.6

information.

0:36.4

Chances are your favorite websites used to depend on Google for traffic and money.

0:42.8

But that's not really working anymore.

0:45.1

Now publishers are scrambling for new lifelines.

0:48.4

Neil Vogel, who runs People, Inc., says his company figured it out a couple years ago.

0:53.8

You would think, given what everyone said about us, that we would be the guys that would

0:57.1

be doing the worst now. We're kind of the guys doing the best now.

0:59.9

I'm Peter Kafka, the host of channels, the show about tech and media and what happens

1:04.0

when they collide. You can hear my conversation with Neil Vogel now, wherever you listen

1:08.5

to your favorite podcasts.

1:12.2

When is the AI bubble going to burst? How do you AI proof your job? How should colleges

1:18.7

handle AI and prepare students for a shifting job market? I'm Henry Blodgett, and on my

1:24.6

show Solutions, I've been exploring all of those questions and more with experts who have actual answers.

1:31.1

We hear enough about our problems. Let's solve them. Follow Solutions with Henry Blodgett.

1:38.2

Today's number, $792,000. That's how much Singapore is paying its athletes who win gold at this year's Olympics.

1:45.4

Ed, why does Africa never win at the Olympics?

...

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