Welcome to Episode 9 of the Preferred Shares Podcast.

Lawrence Hamtil, of Fortune Financial Advisors, and Douglas Ott, of Andvari Associates, were the primary researchers for this episode.

In this episode

- The Federal Aid Road Act of 1916

- Route 66

- Strong road advocate Cyrus Avery

- Dwight D. Eisenhower

- Influences of the Trans-Continental Motor Truck Trip and German Autobahn

- The Federal Aid Highway Act of 1956

- Quantifying the enormity of resources needed to build the interstate system

- Opposition to the interstate program - scandals, corruption, inefficiency, displacement, and the continually contentious topic of billboards

- Looking back on the total economic benefits from the roads programs

Episode resources

How The Interstate Highway System Changed American Industry, Lawrence Hamtil, 3/7/2024

The Golden Age of American Railroading, Iowa University Libraries, June-Aug 1989

America on the Move, Eyewitness, 11/3/1919, page 4

The Greatest Decade 1956-1966, pt 2, USDT FHA, updated 6/27/2017

1919 Transcontinental Motor Convoy, Eisenhower Library, 1919

Essays on the Effects of Highway Spending, Daniel Leff Yaffe, 2020

All Those Numbers: Logistics, Territory and Walmart, Jesse Lecavalier, May 2010

Highways and Globalization, Taylor Jaworski, Carl Kitchens & Sergey Nigai, May 2023

The Highway Capital Problem, USDT, Federal Highway Administration, Office of Program and Policy Planning, 1975

Benefits of Interstate Highways, United States. Federal Highway Administration, 1970

Additional reading

Curious to see what else we’ve been working on? Below are some pieces we’ve written independently that we think you’d like:

Andvari Q1 2024 Letter: Kelly Partners, CoStar, and Rates, Douglas Ott, 4/4/2024

Haypp Group: Ahead of the Nicotine Pouch Megatrend, Devin LaSarre, 2/25/2024

Disclaimer

All opinions expressed by Preferred Shares hosts and guests are solely their own opinions and do not reflect the opinions of their respective employers. This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. None of the information contained in the podcast or this web site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person.

Clients of Andvari and Fortune Financial may maintain positions in the securities discussed in this podcast. Furthermore, from time to time, the Hosts may hold positions or other interests in securities mentioned in the Podcast and may trade for their own accounts based on the information presented. The Hosts may also take positions inconsistent with the views expressed in its messages on the Podcast.

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.preferredsharespodcast.com