https://x.com/RonStoeferle/status/2034214828521230349?s=20
*Goldman Sachs: Asset classes perform amid geopolitical events*

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*Goldman Sachs: Asset classes perform amid geopolitical events*

*Berkshire’s Performance: Compounded Annual Gain [1965-2025] - 19.7% | Overall Gain [1964-2025] - 6,099,294%*

Goldman Sachs: Asset classes perform amid geopolitical events
Berkshire’s Performance: Compounded Annual Gain [1965-2025] - 19.7% | Overall Gain [1964-2025] - 6,099,294%
1. Macro Themes Driving the Sector
The report identifies three core pillars supporting the mining industry's growth:
Source: matthew Sigel
"About $84 trillion is expected to pass from seniors and baby boomers to Gen X, millennials and their heirs through 2045" - BofA
-Crypto / digital assets is the 2nd most favored "greatest opportunities for growth" for those 21-43
"In industries where output can be measured in physical terms, a Chinese worker produces 2–3 times as much physical output as an American one." — Weijian Shan (Context: Comparing physical labor productivity in manufacturing)
"Tesla exemplifies this: its Shanghai workers are twice as productive but paid 17–18% as much as their US counterparts in nominal US dollar terms." — Weijian Shan…
Priority Investment Themes #JPMorgan #FamilyOffice #Report