Harnessing Empirical Finance in Long-Term Investing Strategies with Dimensional’s Savina Rizova
Excess Returns
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How Much Do You Know About Internal Intangibles?
Internal intangibles have represented a very spready about our share of companies as it's about 25% of company assets. We did find the results consistent with industry that generally builds internal intangibles care being largest for what you would expect. That doesn't mean first book is perfect or any other metric is perfect but what you know this called research taught us is there's a lot of noise in that data and incorporating rising estimates in our day metrics may not be the best way to go forward.
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