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Intangible Facts - What Are You Doing Differently?
The idea is that book value doesn't mean as much these days, and what might matter more is human capital. So the problem with traditional value is its heavily biased towards old economy acid heavy companies cant on thy're not going to own bilteck. And so as one proxy, you know, obviously not all pcs are cruted equal, but how many p h ds do i get per dollar invested? How many patents do i obtain per dollar invested,. as a measure of ip?"