Digital Fortunes: A Value Investor's Guide to the New Economy

In "Digital Fortunes", Smarak Swain reveals the hidden drivers of value in tech stocks and crypto assets, and shows you how to navigate the rapidly changing landscape of the digital economy. Through fascinating case studies and expert analysis, Swain explains how network effects - the ability to connect a large number of users - are the key to understanding the soaring valuations of digital platforms and crypto assets. This insightful book with powerful storytelling helps the reader: Understand the fundamental differences between the digital and traditional economies; Identify digital companies that are truly leveraging network effects; Navigate the complex world of crypto assets with a fraud risk "heat map"; and Unlock the secrets of decentralized virtual assets and their value drivers. As a policy maker developing regulation, Smarak Swain is uniquely positioned to understand digital transformation. He draws on his distinctive experience and perspective, to provide a clear and invaluable guide to navigate a rewarding but risky area. This groundbreaking book changes how one thinks about value and wealth in the digital age.