Kai Wu, Sparkline Capital – Investing in Innovation, Intangible Value, & Web3 | #411
The Meb Faber Show - Better Investing
00:00
Is Growth Investing Just a Grivrand of Growth?
The narrative to day is all that innovation investing is just a grivrand of growth. Is that actually true? Well we can test the data of the factor now, going back to the seventies, to growth. And the first thing you find actually is that it's not been that high. It's only been point one eight and moreover you find that it fluctuates quite significantly through time. The interesting thing you also find is that this number is trended down over time. It naturally is at like a local minimum now. And what does that mean? I think the reason why is that at this point, the idea of using innovation and disruption is like main stream. Every company is
Play episode from 01:10:09
Transcript
