07 January 2021
Getting non-physical
Market Insights
Investing is all about the gap between an asset’s fluctuating price and its intrinsic value. Most investors describe themselves as value investors, even when their stockpicking isn’t mainly based on accounting metrics such as book value or earnings. Of course, no one wants to overpay for stocks. The rising importance of intangible assets, as opposed to physical ones, is changing company valuation.
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