Today, I want to share a little history lesson with you. It comes from one of the worst periods of human history but makes a point about human innovation that can’t be said enough — that given enough time and capital, we’re capable of some pretty remarkable things. And the good news for investors like you and me is that we can use this universal truth to profit handsomely… The Great Famine was among the worst episodes of starvation in recorded history. #-ad_banner-#Crops were devastated after an abrupt… Read More
Today, I want to share a little history lesson with you. It comes from one of the worst periods of human history but makes a point about human innovation that can’t be said enough — that given enough time and capital, we’re capable of some pretty remarkable things. And the good news for investors like you and me is that we can use this universal truth to profit handsomely… The Great Famine was among the worst episodes of starvation in recorded history. #-ad_banner-#Crops were devastated after an abrupt change in weather patterns in the early 1300s. Many seeds that were planted simply rotted in the soil. Livestock couldn’t be fed due to lack of grain, and malnourished stock succumbed to disease. Famine began to spread from poorer peasants to wealthier nobleman and merchants. Even King Edward II had trouble finding food for himself. Millions starved and died. By 1400, Britain’s population stood at an estimated 2 million people, off as much as two-thirds from its peak less than a century earlier. But over time, something happened that… Read More