“Inflation is everywhere and always a monetary phenomenon” – Milton Friedman I happen to slightly disagree with Mr. Friedman, but more on that later… I’m in the lumber business by accident, you see. Three years ago, my good friend Bob pitched me on investing in a partnership he was putting together. Bob is passionate about land. Rural land, in particular. The concept was simple: buy expansive acreage of affordable land in flyover country, harvest a good chunk of the available lumber and gravel, clean up the property, and sell it in a year or two for a tidy profit. Mix in a bit of leverage and we could easily achieve a 15-20% annual return on equity with minimal risk, likely more.
Hey Doomberg, if you had the ear of RFK Jr. and suggest he interview one person to shift his view of nuclear power, who would that be? Other than yourself...I mean, he might interview a green chicken, but a live human expert might be more influential. Thanks!
Reflections from the Lake
Hey Doomberg, if you had the ear of RFK Jr. and suggest he interview one person to shift his view of nuclear power, who would that be? Other than yourself...I mean, he might interview a green chicken, but a live human expert might be more influential. Thanks!
I read this article Sept 18th, 2022.. Incredible insight and analysis.. Despite having seen how things have played out 16 months later..
Amazing learning I have read all the articled in your site in last 2 days. I am from India and am an investor
Thanks for sharing your thoughts.. pleasure to read, hope to see more.
Time for US to start a new war someplace. Buy war stonks.
Now imagine we will get food shortages in the Western world
It's funny, the very moment I finished reading When Money Dies, my first thought was, welp... That's a book I'm gonna need to be reading again.