Adam Rozencwajg is the managing partner at Goehring & Rozencwajg, an investment firm that specializes in natural resources.
And unlike a lot of other investors in the industry, which focus on hard-sales "hypey" faddish investments", Adam and his partner do an enormous amount of original research and tend to be years ahead of major trends in natural resources.
I'm sure you've noticed that the price of fuel has gone through the rough. Adam predicted this years ago. And it's not through some dumb luck, or sensationalized proclamation... but good ole' fashioned research.
They started with, quite literally, the history of energy over the last 2,000 years. It's fascinating.
Energy is literally required for everything we do. Without energy, we would have no technology, no industry, no government... nothing.
And much of the growth over the last several centuries of human history is inextricably linked to our civilization's ability to produce energy. Quite simply, the more efficiently we've been able to produce energy, the faster our economies have been able to grow.
But guess what? We've hit a proverbial brick wall. Thanks to a combination of political stupidity and industry limitations, our 'return on energy invested' is plummeting.
I've written about this before; we all know that the price of oil is going through the roof. But if you look at the price of oil in terms of energy, i.e. how many Calories or Joules does it take to produce a barrel of oil, that price is also rising. Rapidly. And Adam walks us through the impact of what that means for future economic growth... as well as the potential solutions.
Spoiler alert: along the way, we also talk about why basic MATH proves that RENEWABLE energy sources like wind and solar simply don't work. The good news is that the math behind NUCLEAR absolutely does work.
This is a fascinating discussion, which we've made available exclusively to our Total Access members.
Adam Rozencwajg is the managing partner at Goehring & Rozencwajg, an investment firm that specializes in natural resources. And unlike a lot of other investors in the industry, which focus on hard-sales “hypey” faddish investments”, Adam and his partner do an enormous amount of original research and tend to be years ahead of major trends…
