Because sentiment changes faster than fundamental changes, high-intangible stock portfolios have higher expected turnover compared to low-intangible portfolios.
factualpending
Speaker
Jacob PizorEvidence Quote
“we have higher turnover expectations for the high and tangible Industries compared to the low and tangible Industries because sment is something that is much faster moving information is much more Dynamic”
Source
Redefining Value Investing in a Magnificent Seven Dominated World | Jacob Pozharny— Excess ReturnsCreated: 8/11/2026, 7:46:05 AM
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