Invisible, yet Invaluable: Valuing Intangibles in the Birkenstock IPO!
Musings on Markets
OCTOBER 6, 2023
In fact, among old-time value investors, especially in the Warren Buffet camp, the importance of having "good management' and moats (competitive advantages, many of which are intangible) represented an acceptance of to how critical it is that we incorporate these intangible benefits into investment decisions.
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