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Global asset classes – An introduction

According to Robert Greer’s seminal 1997 paper “What is an Asset Class, Anyway?", there are three 'superclasses' of assets:

  1. Capital assets,
  2. Consumable / transformable assets, and
  3. Store of value assets

In the following table from Brave New Coin, you can see how various "traditional" assets would fall into these three classes accordingly:

Three global asset classes

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