Intangible asset investments have higher uncertainty and variability in outcomes compared to tangible investments, making it challenging to predict how any given investment will work out, which parallels the uncertainty in tangible capital investments.
causalpending
Speaker
Jack ForehandEvidence Quote
“when when a company makes a tangible investment sometimes those workout exceptionally well sometimes those work out exceptionally poorly and it's the same thing in the intangible world”
Source
Redefining Value Investing in a Magnificent Seven Dominated World | Jacob Pozharny— Excess ReturnsCreated: 8/11/2026, 7:46:05 AM
My Notes
Loading notes...