The Rise of Intangible Value Investing with Kai Wu

Warren Buffett himself called our economy "asset light" – and for good reason. Today's most valuable companies derive their worth not from factories or equipment, but from intellectual property, brand equity, human capital, and network effects. Yet traditional value investing metrics, developed in the industrial era of railroads and utilities, completely miss these crucial drivers of modern business value. Kai Wu, founder and CIO of Sparkline Capital, takes us on a fascinating journey throug...