
Building a Six Factor Model Using Intangible Value with Kai Wu
Excess Returns
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Fixing the Issue with Intangibles: Capitalizing and Amortizing Approach
Exploring the inconsistency in US gap accounting regarding intangible investments, this chapter discusses the suggestion of treating intangible investment the same way as tangible investment by capitalizing and amortizing it, but points out its limitations. It also highlights the challenges in determining the capital for intangible assets and concludes that current approaches fall short.
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