RE: AI energy demand. Given the major players like Google, Meta and Microsoft have a history of buying carbon credits and making carbon neutral pledges I think they will continue to seek renewables and nuclear. The reality is renewables are much more economical than gas or coal there should continue to be strong demand for wind and solar generation. The continuity issue should drive wider adoption of utility scale storage be it pumped, battery or something more exotic. Tesla’s utility storage sales are strong and several small players are coming on the market with lower cost solutions like hydrogen-air and iron flow systems. I’m placing my bets on these players as it is expected to be a trillion(s) dollar market.
RE: QSR - I think defensible space is one of the challenges of QSR’s. People who hit these restaurants are driven by price, convenience and somewhat by quality. It’s easy to open a sandwich shop, it’s easy to abandon a burger joint, grocery chains have been undermining them with grab and go healthier alternatives. It’s just really hard to compete. McD and Chik-fil-a are hard to compete with. One thing I remember from a client who owned a number of franchise locations was he said he was really a real estate speculator. He couldn’t borrow money on raw land but banks were eager to finance a fast food location. He felt he could operate the location and if it made a decent return he would reap the reward 5-10 years down the road off the rail 3state appreciation. I’ve seen similar behavior with the explosion of car wash business’.
Nothing "wrong"; I just think it starts out very slow.... but if you get through it, the book speeds up and the world is just incredible. I have so many friends who are as obsessed as I am
RE: AI energy demand. Given the major players like Google, Meta and Microsoft have a history of buying carbon credits and making carbon neutral pledges I think they will continue to seek renewables and nuclear. The reality is renewables are much more economical than gas or coal there should continue to be strong demand for wind and solar generation. The continuity issue should drive wider adoption of utility scale storage be it pumped, battery or something more exotic. Tesla’s utility storage sales are strong and several small players are coming on the market with lower cost solutions like hydrogen-air and iron flow systems. I’m placing my bets on these players as it is expected to be a trillion(s) dollar market.
RE: QSR - I think defensible space is one of the challenges of QSR’s. People who hit these restaurants are driven by price, convenience and somewhat by quality. It’s easy to open a sandwich shop, it’s easy to abandon a burger joint, grocery chains have been undermining them with grab and go healthier alternatives. It’s just really hard to compete. McD and Chik-fil-a are hard to compete with. One thing I remember from a client who owned a number of franchise locations was he said he was really a real estate speculator. He couldn’t borrow money on raw land but banks were eager to finance a fast food location. He felt he could operate the location and if it made a decent return he would reap the reward 5-10 years down the road off the rail 3state appreciation. I’ve seen similar behavior with the explosion of car wash business’.
What's wrong with the first 150 pages of The Wandering Inn?
Nothing "wrong"; I just think it starts out very slow.... but if you get through it, the book speeds up and the world is just incredible. I have so many friends who are as obsessed as I am
Oh yeah, I'm obsessed too. I just didn't think it started out slow.