New Investment Idea: Feces

According to experts, they're a goldmine.

Author:
Jon Shazar
Updated:
Jan 14, 2019
Original:
Mar 24, 2015

Last week, Paul Tudor Jones sent out an appeal for ideas on how to avoid the fate of Czar Nicholas II and save capitalism with “justice.” He has been heard, loud and clear, and now it’s time to get down and dirty.

Fortunes could be saved from going down the drain by extracting gold and precious metals from human excrement, scientists suggest….
“If you can get rid of some of the nuisance metals that currently limit how much of these biosolids we can use on fields and forests, and at the same time recover valuable metals and other elements, that’s a win-win,” she said.

Gold in faeces ‘is worth millions and could save the environment’ [Guardian]

News

Back in February, in his annual letter to investors, Berkshire Hathaway chief Warren Buffett spent a good bit of time discussing why one shouldn't own gold. Beyond the fact that, according to WB, gold doesn't "change in size and [is] incapable of producing anything," and you'd be much better off buying farmland (which "a century from now will have produced staggering amounts of corn, wheat, cotton and other crops and will continue to produce that valuable bounty") or shares of Exxon Mobil (which "will probably have delivered trillions of dollars in dividends to its owners," the Oracle of Omaha had one incontrovertible, be all end all reason for eschewing the metal: its unfuckability. Oh sure, you can do things to a cube, you can fondle it, you can talk dirty to it, you can send nude pictures of yourself, you can even drill a hole in it and fuck it senseless, but, the thing is, the cube will not respond. No reciprocation, no gratitude, not even a sign it enjoyed itself. For Buffett, no further argument was necessary as to the worthlessness of the commodity. (Silver, on the other hand, will make you feel like you're 18 again.) Anyway, David Einhorn sort of feels the same way about the dollar. Greenlight Capital 1Q2012 Letter To Investors [PDF] Related: Don't Think He Hasn't Tried