12 Comments

This is a very comprehensive piece. Really enjoyed reading it.

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Oct 7, 2023Liked by Six Bravo

Great write up. I really liked your point about simplicity being a good thing for investors and for the robustness of the business. I’m skeptical of managements that complicate their capital allocation plans with investments in new ventures like this AI example, which are likely outside of their circle of competence

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Thank you for sharing Mr Stahl SB.

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The Risk vs Reward between these two is glaring. I've been writing for some time that domestic thermal coal exposure is NOT the kind of thermal exposure investors should want or have in their portfolio. Most of NRP's revenues are generated from export sales.

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Oct 19, 2023Liked by Six Bravo

Hi there, this may not be in the domain of the podcast and may relate more to your financial independence series, but would you consider discussing how tax implications relate to your investment evaluation process? I am thinking specifically of the MLP nature of NRP and also weather you choose to invest out of certain tax advantage accounts for certain investments.

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