Saifedean Ammous: Intangible assets dominate Mag7 company valuations

Saifedean Ammous challenges the notion that value must be physical, pointing to leading technology firms as examples.

In a recent comment, Ammous highlights that tangible assets make up a small percentage of the market capitalizations of the so-called Mag7 companies, including Nvidia (0.66%), Apple (1.38%), Tesla (4.06%), Microsoft (7.29%), Alphabet (8.39%), and Meta (9.56%). He suggests that value can exist independently of tangibility, referencing the role of bitcoin and other digital assets.

Ammous has previously listed bitcoin-focused services such as Swan, The Saif House books, and The Bitcoin Way. He has also noted that the increase in U.S. 10-year treasury yields since the Iran war may raise government debt costs by tens of billions of dollars, according to an earlier comment on treasury yields. His remarks continue to spotlight financial trends across both digital assets and traditional markets.