Client Letter - Richard C. Young & Co., Ltd.

The Robots Are Here

November 1, 2024

October 2024 Client Letter

In early October, 45,000 dockworkers went on strike at multiple ports along the U.S. east coast and Gulf Coast, causing the largest port shutdown in 50 years. While the strike was primarily portrayed as a push for higher wages, what interests me most is the workers’ concerns about automation.

Surely, You’re Joking

September 24, 2024

September 2024 Client Letter

I became more familiar with physicist Richard Feynman after my dad wrote about him in the July 2003 issue of Richard C. Young’s Intelligence Report. My dad’s interest in Chaos Theory led him to James Gleick’s national bestseller, Genius, a book about the life and science of Feynman.

Has the Situation Really Changed?

August 28, 2024

August 2024 Client Letter

Occasionally, I get anxious before travel. A few of my trips have coincided with some unfortunate crises. In March, several years back, we took a family ski vacation. We’re from Florida and don’t really ski, so heading to Utah was a big deal…

“Irreplaceable Infrastructure”

July 9, 2024

July 2024 Client Letter

In a recent investor presentation given by Kinder Morgan, the company described its network of natural gas and refined product pipelines and terminals as “irreplaceable infrastructure.” That’s a theme that you’ll find holds true for a number of the companies owned in your account…

The Stones on the Road

April 5, 2024

April 2024 Client Letter

The Rolling Stones will tour again this summer. This is not breaking news. It’s been six decades since their first U.S. tour. The Stones always seem to be on the road. What is a little surprising, however, is what Mick Jagger is doing at his age.