Over the past 30 years, the S&P 500 and the Nasdaq—both productive assets—have surged almost fivefold and eightfold, respectively. In contrast, gold, a nonproductive asset, has only risen 2.5 times in ...

Most investable assets and strategies tend to cluster into two broad groups - productive and scarce. Practitioners who are aware of the concave and convex nature of productive and scarce assets and ...

An asset constitutes anything that holds monetary value, whether current or future, to a person or organization. Businesses, governments and non-profits all own assets. So do many people. An asset is ...

Bitcoin is undergoing a fascinating evolution, with various perspectives on its nature. Some view it as a currency for everyday transactions, others as a modern equivalent of gold for storing value, ...