“The Stock Market is a device for transferring money from the Impatient to the Patient” - Warren Buffett
“The Stock Market during the Golden Age of Grift is a device for transferring money from the Outsiders to the Insiders” - Le Shrub
After reading “Inspiration”, a shrubscriber made this very insightful comment:
“I really think GAG is a Mega-theme that one should allocate 5-10% of a portfolio to nowdays”.
He gets it. GAG™️ is a new asset class that deserves its own allocation to a Portfolio, like Emerging Markets or Commodities.