In this episode, we speak with Sparkline Capital founder Kai Wu about his excellent recent paper “Intangible Value: A Sixth Factor”. We discuss his research on the importance of intangible assets, how to measure them and turn them into a value factor, the benefits of intangible value to a multi-factor portfolio, and how he used it to construct a 6-factor model.
Building a Six Factor Model Using Intangible Value with Kai Wu
![Building a Six Factor Model Using Intangible Value with Kai Wu](https://blog.validea.com/wp-content/uploads/2023/07/Kai-New-Cover-II-880x498.png)