Including intangible assets when analyzing stocks' valuation dramatically boosts a company's profitability.
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You can significantly improve your investment performance by expanding your definition of corporate profitability.
New research finds that Wall Street has been using a restricted definition of return on equity. As a result, individual investors and professionals both have unwittingly been shunning the stocks of companies that in fact are highly profitable while favoring companies whose profitability is relatively unimpressive.
This…
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