SKAGEN Global looks at the rise of intangible assets, their antiquated accounting treatment and the profound impact on traditional valuation metrics.
"The world has been suffering from a shortage of USD for 25 months in a row, which is the longest period ever, since the end of the Gold Standard in 1971. This might explain the USD’s surprizing strength during the last two years and the fact that world trade has completely flattened over the period."
“You know, I’m from a different time, young man, a dark time to you. I’m from a time that I didn’t even used to know who was on the phone until I answered the shit!”
“Stalin had an electric teapot that he operated himself. A round table, located between two of the four windows, held his multiple black telephones (made by Siemens)…”
"So, how much do you want for this "priceless" item?"