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3rdmoment.blogspot.com

3rd Moment

Sunday, March 29, 2015. What's driving the trend towards intangible value? The trend for the market values of firms to increasingly diverge from book value, and particularly from tangible book value, is really striking. As I wrote in my previous post on inflation. This is a trend that merits more attention. So I was happy when I saw Justin Fox's piece for Bloomberg. I liked Fox's piece, but I wish his focus had been a little broader. "Most of their value," he writes, "comes from brands, patents, idea...

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3rd Moment | 3rdmoment.blogspot.com Reviews
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Sunday, March 29, 2015. What's driving the trend towards intangible value? The trend for the market values of firms to increasingly diverge from book value, and particularly from tangible book value, is really striking. As I wrote in my previous post on inflation. This is a trend that merits more attention. So I was happy when I saw Justin Fox's piece for Bloomberg. I liked Fox's piece, but I wish his focus had been a little broader. Most of their value, he writes, comes from brands, patents, idea...
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1 tangible book value
2 25 per share
3 significant purchasing power
4 strong brand recognition
5 employee training programs
6 posted by
7 no comments
8 email this
9 blogthis
10 share to twitter
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3rd Moment | 3rdmoment.blogspot.com Reviews

https://3rdmoment.blogspot.com

Sunday, March 29, 2015. What's driving the trend towards intangible value? The trend for the market values of firms to increasingly diverge from book value, and particularly from tangible book value, is really striking. As I wrote in my previous post on inflation. This is a trend that merits more attention. So I was happy when I saw Justin Fox's piece for Bloomberg. I liked Fox's piece, but I wish his focus had been a little broader. "Most of their value," he writes, "comes from brands, patents, idea...

INTERNAL PAGES

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1

3rd Moment: April 2011

http://www.3rdmoment.blogspot.com/2011_04_01_archive.html

Sunday, April 24, 2011. Book Reviews - Stuart England. Mark Kishlansky, A Monarchy Transformed, Britain 1603-1714. TB Macaulay History of England, from the Accession of James II. Last month I resolved. That I should consume less news and read more books. About this time I also got an android phone with Kindle software. So now that I'm reading more books, I thought I'd jot down some reviews, for myself and the 2 or 3 other people who might read this blog. Lately I've been reading mostly history. I suppose...

2

3rd Moment: Are earnings yields real or nominal? How Inflation can affect the measurement of accounting earnings

http://www.3rdmoment.blogspot.com/2015/03/are-earnings-yields-real-or-nominal-how.html

Sunday, March 15, 2015. Are earnings yields real or nominal? How Inflation can affect the measurement of accounting earnings. This post is inspired by a twitter conversation. I participated in last month that started when pseudonymous blogger/tweeter/super-valuation-expert Jesse Livermore posed an interesting question:. At issue is whether stock earnings yields should be considered real or nominal. [1]. Do not address the issues treated here.) [2]. The adjustment does not require that the book value perf...

3

3rd Moment: Thoughts on Entitlement Programs for the Elderly

http://www.3rdmoment.blogspot.com/2011/05/thoughts-on-entitlement-programs-for.html

Friday, May 13, 2011. Thoughts on Entitlement Programs for the Elderly. Here are some thoughts about entitlement programs, prompted by reading this piece. In the WSJ by John Cogan. ( Brought to my attention. Social Security and Medicare are really separate issues. SS needs some changes, but it could be tweaked into solvency fairly easily. Given the political will.) The shortfall is not projected grow explosively. (See here:. So always remember that it is the growth. Don't forget that in any system at all.

4

3rd Moment: February 2011

http://www.3rdmoment.blogspot.com/2011_02_01_archive.html

Tuesday, February 1, 2011. This is a test post. My old blog: mildride.blogspot.com. Links to this post. Subscribe to: Posts (Atom). View my complete profile. Simple template. Template images by gaffera.

5

3rd Moment: How I know Climate Science isn't "Unequivocal"

http://www.3rdmoment.blogspot.com/2011/04/how-i-know-climate-science-isnt.html

Monday, April 18, 2011. How I know Climate Science isn't "Unequivocal". Unequivocal." Here's how I know. In 2009 I saw global warming alarmists on the internet gleefully pointing out this new study from MIT scientists, showing that " climate change could be double previous estimates. Here's a quiz: should this make you more or less confident in global warming models? I mean, these models are really, really complicated. They have lots of degrees of freedom. And I don't believe they have produced a...I wro...

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Sunday, March 29, 2015. What's driving the trend towards intangible value? The trend for the market values of firms to increasingly diverge from book value, and particularly from tangible book value, is really striking. As I wrote in my previous post on inflation. This is a trend that merits more attention. So I was happy when I saw Justin Fox's piece for Bloomberg. I liked Fox's piece, but I wish his focus had been a little broader. "Most of their value," he writes, "comes from brands, patents, idea...

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