Recent research, including the 2020 studies “Explaining the Recent Failure of Value Investing” and “Intangible Capital and the Value Factor: Has Your Value Definition Just Expired?,” have investigated the impact on U.S. value strategies of the increase in the relative importance of intangible assets compared to physical assets.An interesting take on the rise of intangibles [...]
Value Investing and the Role of Intangibles was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.