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Time to buy Facebook? Wait until $18: valuation expert - Decoder (4:01)
Aswath Damodaran was right about Facebook being vastly overvalued at its IPO price. Now the New York University finance professor says the stock price is still too high, though only by a bit. He breaks down Facebook’s valuation and adds that he still believes that the company could be a big success story. (August 22, 2012)
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