Wednesday, October 22, 2014

Profit from the Fall in Corn Prices

On Monday, I had the chance to toss back a few drinks on Water Street here in Baltimore. The Orioles were going to be losing to the Royals in a few hours, but we didn't know it at the time, so we reveled in the pregame, hometown baseball excitement.
I was meeting with a guy named Bill who was in the investment game and hailed from Omaha, Nebraska. He claimed he was "the other one," which got a laugh — meaning he wasn't Warren Buffet, the famous Oracle of Omaha.
We talked about a bit about Baltimore, which always comes down to that HBO series The Wire. I mentioned how when I was in Kenya, two Germans asked if Baltimore was like that... drugs and gangs and murder.
Like much in America, it is and it isn't. Baltimore is also about Under Armor, Johns Hopkins, and T. Rowe Price.
And besides, since the crack wave receded a decade ago or more and the 20-somethings moved downtown, the crime rate has been falling. (more)

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