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Knippa: You Want to Own “Stuff”

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  • Description

    Kenai Capital Management’s Tres Knippa on the need for tangible assets in your investment strategy.

  • Duration 1:57
  • Date

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Remember what we brought you the rap pop take Philippe watch from the collection of Eric.

Clinton well it was auctioned by Christie's in this Wii console -- rental three point six million dollars and -- -- for this type of watch Clapton's ownership obviously added value.

Obviously.

Joining the company from Chicago trait that hockey is -- that -- -- capital -- right.

You'll -- stock -- have joined us in studio last week and what we ask you what do put Al-Maliki told us investing Slashdot.

Look at that would be Silva.

Why in -- gold energy real -- swagger up what you like about you -- Well Scott's a big city guy I'm just the simple guy from Texas he can keep the -- -- and art and I'll take the cattle and the crude oil.

What he's basically saying tangible assets that's what he's saying you want to make money -- the long long hole tangible assets is where it's -- agreement that.

Absolutely you -- -- own things and you want to own things that produce things like oil wells gas -- rental real estate things like that.

You don't wanna be long hard currency you want to -- stuff.

And I couldn't agree more and that's launch that that this ownership of stuff tangible assets.

Is that the driver for that is the -- dollop is that it.

Absolutely do we see in east Central Bank in the world that's pulling back on new money printing of course we don't it's a it's a race to the bottom it with the central banks with the general idea.

You know what is what what a failed economic plan.

When you try to spur economic growth just by weakening your currency the Romans tried to do that and that was the fall of the Roman empire Hamas in America's gonna fall I'm just saying that you cannot -- spur economic growth.

Just by trying to bash your currency that is failed throughout history.

Very interesting trick and if not always short and to the point and we appreciate that trait that's a lot.

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