Session 9: Bottom Up Betas

Podcast: Aswath Damodaran · Aswath Damodaran

Opublikowano: 2026-10-21

This session is a grind with numbers building on top of numbers. In specific, we looked at how to estimate the beta for not only a company but its individual businesses by building up to a beta, rather than trusting a single regression. With Disney, we estimated a beta for each of the five businesses it was in, a collective beta for Disney's operating businesses and a beta for Disney as a company (including its cash). If you got lost at some stage in the class, here are some of the ways you can get unlost: 1. Review the...