After I discovered how the battery for my Tesla was made … I practically fell off my chair.
I’d been advised electrical automobiles (EVs) like mine have been “zero emissions” automobiles … and so they have been nice for the atmosphere.
However after some analysis, I spotted I used to be hoodwinked.
Clear power isn’t as clear as I assumed.
The Actual Price of Tesla’s EV Batteries
Because the EV was powered by electrical energy, I needed to see what it took to make the battery that was powering my Tesla.
To make a battery for an EV, you have to dig up 500,000 kilos of grime. That’s the one technique to get the minerals and metals — reminiscent of lithium, cobalt and graphite — you want.
All that earth must be hauled away with dump vans — just like the CAT 797.
This automobile is ginormous. Simply one in every of them drinks 235,000 gallons of diesel gas every year. These huge vans account for as much as half of a mine’s power utilization.
So whereas we dig up supplies for EV batteries, hoping to exchange gas-fueled vehicles, every dump truck will fritter away as a lot gas as 423 passenger vehicles.
And that solely scratches the floor.
Inform me once more… how that is good for the atmosphere?
The Actual Speak is that this: It’s not. It’s simply one other lie we’ve been advised. And I’m sick of it!
I’ve spent the previous 12 months researching and uncovering the reality behind this clear power rip-off.
Now, I’ve put collectively a particular report with every thing I’ve discovered. And it’s fully free for you.
As a result of as a substitute of being fed extra lies, I need to share the reality with you.
Learn your free report now.
On this report, I’ve additionally included a quite simple means you possibly can revenue from what’s taking place in power proper now.
In the event you like what you hear — and I do know you’ll — then please come again subsequent week. As a result of I’ve received extra that’s going to blow your socks off.
See you then.
Founder, Alpha Investor
P.S. I noticed a variety of you writing in after final week’s Banyan Edge about Biden’s inexperienced power blunder.
Thanks, Jim, Scott, John, Al, Colleen, La Monte, Steven, Maurice, Doug, Melody and plenty of others!
I beloved listening to what number of of you might be on the identical web page as me relating to oil.
I believe you’ll actually like what I’ve developing for you. And please, maintain the emails coming! I take pleasure in studying each one.
This week, I’d like to know: did you assume Tesla automobiles have been “zero emissions” like I did? E mail me at BanyanEdge@BanyanHill.com.
And In Case You Missed It…
Former Governor Mike Huckabee was involved in regards to the market…
He rattled off the names of all of the completely different consultants making doom-and-gloom predictions.
Then Charles Mizrahi shared this one chart exhibiting 100 years of market historical past. And revealed his plan to take a position $1 million.
When Governor Huckabee noticed that, his face perked up. He smiled and mentioned: “…We’ve a 100% probability of earning profits.”
Click on beneath to see the chart that put a million-dollar smile on his face…
Some Sage Recommendation From a 99-Yr-Outdated Legend
Charlie Munger is Warren Buffett’s longtime enterprise accomplice, having joined him at Berkshire in 1978.
He’ll flip 100 on January 1. Solely in comparison with Munger does Buffett appear to be a strapping younger lad at 92.
Buffett and Munger are two of the oldest skilled cash managers in historical past, and their longevity is instantly associated to how they handle cash.
This 12 months, Berkshire may have owned Coca-Cola for 35 years, American Specific for 30 years and Moody’s for 23 years. Whenever you personal strong companies and also you’re keen to be affected person and allow them to work, there isn’t a lot to really do. Which means your stress ranges are manageable … which tends to be good for a protracted life.
Munger is usually regarded as Buffett’s witty sidekick. However he was additionally a wildly profitable investor in his personal proper earlier than partnering with Buffett.
Between 1962 and 1975, Munger ran an investing partnership — what we might name a hedge fund at present — and generated compound annual returns of 19.8%. (The Dow Jones Industrial Common — the market benchmark of the time — returned solely 5% over the identical time.)
At any price, Berkshire Hathaway simply launched its annual letter to traders, so I’ve Buffett and Munger on my thoughts.
Buffett pens the letter himself, however this 12 months he included a protracted record of latest quotes from Munger. I picked a couple of of my favorites:
“A string of great numbers occasions zero will all the time equal zero. Don’t depend on getting wealthy twice.”
It might take a lifetime to construct a nest egg … and a single dangerous commerce to blow it up. In the event you take losses early in your investing profession, you may have time to make it up. However late in your profession, you don’t.
Because of this threat administration is critically essential. Don’t overconcentrate in anyone inventory or sector, and know when to tug the ripcord and eject!
“It’s a must to continue learning if you wish to change into an excellent investor. When the world adjustments, you need to change.”
Whereas Buffett and Munger are outdated and “stubbornly affected person,” in Munger’s phrases, they’re removed from set of their methods. Munger used the instance of railroads. For many years, he hated railroad shares, however the economics of the business modified … and so Munger modified his thoughts. Right this moment, BNSF
Railway is one in every of Berkshire Hathaway’s largest wholly-owned personal firms.
“Persistence will be realized. Having a protracted consideration span and the power to focus on one factor for a very long time is a large benefit.”
We dwell in a world of 15-second TikTok movies and 140-character tweets. Having the eye span to learn an annual report or dig via the accounting statements will really set you aside at the moment!
You don’t have to take a position your complete portfolio in “Buffett and Munger” type investments. I’m personally a giant fan of spreading my investments throughout kinds.
I’ve my buy-and-hold dividend silo, my actual property silo and varied short-term buying and selling silos.
However for the a part of your portfolio that you just need to maintain low upkeep and low stress, Buffett and Munger is the way in which to go.
By the way in which, Charles Mizrahi shares an analogous philosophy. Like Buffett and Munger, he focuses on robust companies he intends to carry for years … if not endlessly! That makes him probably the greatest guys to take heed to for stress-free funding steering.
Charles just lately invested $1 million right into a handful of firms that make up his “Inevitable Portfolio.” These are the sort of sleep-well-at-night, no-nonsense, buy-and-sit-on-your-hand shares which are the precise proper buys throughout a bear market.
You possibly can study all about it proper right here.
Charles Sizemore Chief Editor, The Banyan Edge