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Demetri Kofinas on 'Financial Nihilism'

Barron's Advisor

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The Value of Intangible Assets

In the early two thousands, there was a cross over in terms of what companies were investing it. It switched from tangible assets to intangible assets. I think we've surpassed the point at which those theories as they're applied reflect a sustainable reality. We don't need to actually generate, so long as we can raise capital. The question for me is when this ten ous equilibrium between the two comes to an end, will we flip towards more socialism or capitalism?

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