Close Navigation
Rethinking Value: Investing in the Intangible Economy

Rethinking Value: Investing in the Intangible Economy

Aired On

Apr / 15 / 2026 - 10:00 am - ET

Kai Wu
Sparkline Capital

Sparkline Capital

Sparkline Capital

The economy’s most valuable assets – intellectual property, brand equity, human capital, and network effects – rarely appear on a balance sheet. As corporate value has migrated off the books, traditional value metrics like price-to-book have struggled, leaving investors overexposed to old-economy sectors while missing the companies that actually drive modern returns. This session explores how long-term investors can modernize their valuation frameworks by incorporating intangible assets, using new data and AI-powered tools to quantify what accounting ignores – and where the real value opportunities lie today.

Disclosure: Interactive Brokers Third Party

Information posted on IBKR Campus that is provided by third-parties does NOT constitute a recommendation that you should contract for the services of that third party. Third-party participants who contribute to IBKR Campus are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from Sparkline Capital and is being posted with its permission. The views expressed in this material are solely those of the author and/or Sparkline Capital and Interactive Brokers is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to buy or sell any security. It should not be construed as research or investment advice or a recommendation to buy, sell or hold any security or commodity. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

IBKR Campus Newsletters

This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.