Aswath Damodaran

My thesis is there are so many fatty deposits that can be easily taken out of these software companies, and they can pass those savings on.

Well, it might be a hit to their top line.

Like you said, I think their margins and their cash flows, it just strikes me, the last time we spoke to you,

We had a difficult time zeroing in on what felt like a buying opportunity.

And our thesis has been that if you were to buy a basket of these software companies that have shed half a trillion to a trillion dollars, it feels like the first buy signal in a while.

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