How to Profit from the Ron White Joke: Investing in Electricity Transmission | Portfolio for the Future | CAIA

By Eric Butter, an independent consultant and investor with experience in finance, statistics, and data engineering; and Ron McNamara Ph.D., Managing Director, First Principles Economics. Richard Wiggins and Aaron Bloom compare the US electrical grid to the punchline from a Ron White joke about a guy who straps himself to a tree to be safe from the winds during a hurricane only to be hit by a “flying” Volvo; after all, it’s not the wind but rather what the wind is blowing that deserves your attention (link to Part One). Similarly, it is not so much the number of wind turbines or solar panels that are in operation - but rather the amount of transmission that can transport that energy - that deserves our attention. Richard and Aaron make a compelling case that “the grid is the Volvo”, and now we will recommend several workout plans for income-hungry investors. We explain how "electrification" may be the most compelling driver of demand for electricity transmission and distribution, why t

By Eric Butter, an independent consultant and investor with experience in finance, statistics, and data engineering; and Ron McNamara Ph.D., Managing Director, First Principles Economics. Richard Wiggins and Aaron Bloom compare the US electrical grid to the punchline from a Ron White joke about a guy who straps himself to a tree to be safe from the winds during a hurricane only to be hit by a “flying” Volvo; after all, it’s not the wind but rather what the wind is blowing that deserves your attention (link to Part One). Similarly, it is not so much the number of wind turbines or solar panels t