You have two choices when it comes to investing. You can own currency. Or you can own energy.
If you don’t trust the currency, you better own energy. But how you choose to own that energy is what will determine your success or failure in the markets.
This old-world wisdom comes from an investing legend. I chatted with this gentleman at an investment mastermind back in the summer… and I think we arrived at a fundamental truth.
Energy is the master economic resource.
Think about it… nothing happens without energy. Everything we see in our modern world today – and everything we use on a daily basis – is only possible because of energy.
It’s a simple thing. But if we truly ponder it, it changes our perspective.
My investment philosophy is this: I want to own energy in the most advantageous way I can. If we start there, all we need to do is figure out what form that energy should take.
Continue reading “Your only two choices”