What I'm Reading: September 1
- Ben Leibowitz
- Sep 1, 2023
- 1 min read
Tech
Career
Etc
Intangible assets now make up 90% of assets on balance sheets
Could help explain the growth of wealth inequality, as employees who can work with these assets are highly valued
Could also explain the relative decrease in investment in physical assets
And could lead to rising market power for firms with a lot of these assets (patents, innovations / technology, etc)
How single-family zoning laws contribute to the housing supply shortage
People aren't posting as much on social media
Using group chats, DMs, and messaging instead
The AI investing frenzy for overvalued companies with dubious business models