One of Simplify's ETFs, NXTI intangible core, has an interesting layer to add on top of value. Their idea is that corporate assets have have changed from brick & motor. It invests in high intangible assets to book.
I just finished one of Howard Mark's excellent books.
The whole “Cancellation of Recessions” narrative would fit right in—as both a fallacy and a flashing indicator that a major recession might be lurking just around the corner.
One of Simplify's ETFs, NXTI intangible core, has an interesting layer to add on top of value. Their idea is that corporate assets have have changed from brick & motor. It invests in high intangible assets to book.
Looks like an awesome view
Ferg, go to Perast, you won't regret it.
I just finished one of Howard Mark's excellent books.
The whole “Cancellation of Recessions” narrative would fit right in—as both a fallacy and a flashing indicator that a major recession might be lurking just around the corner.