Excess Returns Building a Six Factor Model Using Intangible Value with Kai Wu
Jun 29, 2023
Kai Wu, Founder of Sparkline Capital, discusses his research on intangible assets, measuring and turning them into a value factor, benefits of intangible value to a multi-factor portfolio, constructing a 6-factor model, diversifying a portfolio using six factors, finding companies building protective moats around intangible assets, and the potential acceptance of the six factor model in empirical finance.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 6min
Fixing the Issue with Intangibles: Capitalizing and Amortizing Approach
05:53 • 4min
Creating a Single Composite Score for Companies
09:33 • 16min
Diversifying a Portfolio Using Six Factors
25:52 • 18min
Factor Analysis and Investing
43:26 • 5min
The Potential Acceptance of the Six Factor Model in Empirical Finance
48:00 • 3min