11.08.2026 Damodaran on Situational Awareness: The problem isn't the AI bet, it's what conviction does to position sizing
Matthias Knab, Opalesque for New Managers:

Aswath Damodaran, the NYU Stern valuation professor whose annual data updates have become a fixture of the finance calendar, published a post-mortem on the Situational Awareness collapse on August 10. Readers expecting a takedown will not find one. Readers expecting a lesson about youth and hubris will not find that either, and Damodaran says so explic

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