Wealth Formula Podcast

162: Are We Seeing the Extinction of Fossil Fuels?


Listen Later

These days you hear a lot of people use the word "sustainable". It's actually one of those words that I don't really understand very well. I guess by definition, it means something that you can keep on doing in perpetuity—something you can recycle and use over and over again. In that regard, the kind of investing I advocate for is "sustainable investing". Those of you in investor club know that one of the primary strategies I look for is called "Infinite Returns". The idea is to shoot for not 8 percent or 10 percent cash on cash, but instead, we want all of our invested capital back in our hands in 4-5 years while maintaining equity, cash flow, and eventually the benefit of capital gains. Meanwhile, we use the money pulled out of that first deal and recycle it into the next. It sure is a lot easier than just making more money. Anyway, the problem with the word "sustainable" is that it sometimes gets a bad rap from us capitalist types. It's a word that has some loaded connotations with imagery of hippy socialists trying to tax us into carbon submission. That's why I don't think I will ever use the phrase "sustainable investing" when describing my own strategies, although it sure seems appropriate. Imagery aside, there appears to be a growing capitalist case for renewable energies that just might not be easy to ignore over the next few years. Just like computers doubling their power every couple of years, it seems like Moore's law is starting to apply to alternative energy sources as well. In other words, in the next decade, you might see a massive shift in energy resources not because people worry about the climate impact of fossil fuels (which I do), but rather because it is so much cheaper to use the alternatives. It's just the way capitalism works. I've heard multiple smart individuals talk about this in the past year and I think its worth actually thinking about critically as an investor. So, I thought it might be a good idea to have someone on the show who can intelligently speak on the topic. Hunter Lovins certainly can do that and she is my guest on this week's episode of Wealth Formula Podcast.
...more
View all episodesView all episodes
Download on the App Store

Wealth Formula PodcastBy Buck Joffrey

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

402 ratings


More shows like Wealth Formula Podcast

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,725 Listeners

The Peter Schiff Show Podcast by Peter Schiff

The Peter Schiff Show Podcast

5,676 Listeners

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

703 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,835 Listeners

Creating Wealth Real Estate Investing with Jason Hartman by Jason Hartman

Creating Wealth Real Estate Investing with Jason Hartman

535 Listeners

Get Rich Education by Real Estate Investing with Keith Weinhold

Get Rich Education

603 Listeners

Main Street Business by Mark J Kohler and Mat Sorensen

Main Street Business

582 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

966 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

407 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

425 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

512 Listeners

Real Estate News: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Estate News: Real Estate Investing Podcast

564 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

720 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,033 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

135 Listeners