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If they see it as a revenue-generating asset, clearly it's going to take a great deal of hard work to build those revenue streams.
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This same week that Apple announced a barrage of revenue-generating upgrades and new products, asset rich Wal-Mart made an announcement as well.
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Once one trade reversed course, other trades followed, generating a contagion that broadened and magnified the market correction across asset categories.
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The three giant post-Romney funds, however, would be considered failures if liquidated right now, all succumbing to the same traps too many other firms fell into: The huge sums raised made generating returns difficult and forced them to chase deals at nearly any cost, creating an asset bubble in the process.
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Gold, on the other hand, is a sterile asset that historically costs money to store and insure, whereas, gold mining stocks are generating positive carry.
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