Gosling's Grouse: To coin a phrase

GOSLING'S GROUSE

Investment Week's columnist Joe Roseman came up with an excellent investment acronym a few months ago - SWAG.

It stands for silver, wine, art and gold and, unlike those marketing acronyms that are all the rage these days (you know, the ones that all seem to derive from BRIC), there is some real substance to Joe’s. All of the elements of SWAG have the same characteristics – they are physical assets, they are in limited supply, and are largely uncorrelated with traditional bonds and equities. As an investment strategy, it has a lot to recommend it. Not to be outdone, given the popularity of Joe’s idea, I thought I would come up with my own. So I thought of SCAM – stamps, coins, A-levels and mone...