In these mad speculative times, I've been thinking about what qualifies as a great asset with real value worth buying. Here's my short checklist.
Great asset classes have at least 2 of these 3:
(1) Limited/capped supply
(2) Revenue generation potential
(3) An intrinsic story some other people care about
Examples of each:
(1) + (2) = Premium zipcode real estate
(2) + (3) = Solar; Biogas plants; Autonomous electric cars (in the future)
(1) + (3) = Bitcoin; Gold; Art; Limited Collectibles