Why Smart Investors Should Be Thinking about Cows
Oct 13th, 2008 | By Contrarian Profits | Category: Featured, Financial NewsThe ‘financialization’ of the American economy is an era coming to a close, says Mayer’s Special Situations editor and commodities expert Chris Mayer.
So it’s back to the basics of wealth creation, to what Chris calls “the basics of owning and making useful things.”
It makes sense.
As Whiskey and Gunpowder’s Greg Grillot puts it, “A cow is a much better investment than a piece of over-leveraged debt.”