The Ultimate Perpetuity Business With Multi-Bagger Upside.
The ROI Club Monthly: May 2024
Disclaimer: This article is for informational purposes only and should not be considered as financial advice. Always consult with a professional financial advisor before making any investment decisions.
Contents:
Video: Overview on my latest investment: Tejon Ranch Co. (TRC)
Article: Land as the ultimate perpetuity + deep-dive valuation on TRC.
Welcome to the ROI Club, the publication dedicated to enhancing your personal freedom. This substack has two segments: The ROI Club and The Maverick Life (TML).
In this segment, you’ll gain access to my investment ideas including deep-dive research pieces + valuations, whilst in TML I share with you the trades I make to generate digital income + other content related to personal sovereignty.
Today we’re going ‘Full- ROI’ so let’s dig in..
Since 2021 I’ve felt the OECD nations are in for some stagflation, the latest data seem to suggest that is indeed playing out:
I’ve been obsessing over how to protect myself and clients and have expressed this in my investment allocation towards commodity related stocks particularly energy and royalty style businesses.
Today’s piece focuses on the asset class that is both a commodity and a royalty machine in nature, land. Of course investment access to land isn’t always easy, particularly in public markets so I’ve provided a deep-dive into my latest investment which is a stock anyone can buy on the NYSE which provides shareholders access to 270,000 acres in southern California.
Investment Idea: Tejon Ranch Co. NYSE: TRC.
Executive Summary:
Founded in 1843, Tejon Ranch Co. is a diversified real estate development and agribusiness company based in California.
Tejon Ranch Co. owns approximately 270,000 acres of land in Southern California, known as the Tejon Ranch. The company has highly diversified operations including: Agribusiness and Real Estate Development for residential and industrial purposes.
Let me show you what I think it’s worth…
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