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6min chapter
The One Factor That Explains the Struggles of Value, International and Small-Cap Stocks | Kai Wu
Excess Returns
Intro
This chapter delves into the evolving challenges of value investing, highlighting the difficulty in appraising intangible assets within companies. It also discusses the investment potential in international markets where intangible value could lead to lucrative opportunities, contrasting with stagnating traditional industries.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode