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Transcript: Aswath Damodaran

Barry Ritholtz

And let’s face it, dividends really never made sense as a way of returning cash to equity investors. RITHOLTZ: If you’re a long-term investor, you want to see the capital — DAMODARAN: But, also, if you think about equity as a residual claim, which is the way I think about it, you get whatever is left over.

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