{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Chuck Yates Got A Job","title":"The Best Oil Investment Most People Don’t Understand","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/554c3564\"></iframe>","width":"100%","height":180,"duration":3052,"description":"You can own the dirt under someone's ranch without ever setting foot on it and still collect a check every month while an oil company does all the work. Karl Brensike of Harvest Mineral & Royalty Partners calls minerals the single greatest asset class on the planet, and he makes a pretty convincing case for it. Chuck digs into how regular folks can finally get a piece, why people really decide to sell, and the apple pie scheme that squeezed a million bucks out of Chevron.Click here to watch a video of this episode.0:00 - Mineral versus royalty, explained for mom1:23 - Why US mineral ownership is uniquely American4:28 - The first oil lease and the Far and Away land rush8:11 - Splitting estates and why mineral owners keep multiplying9:25 - Karl and Chuck's history and the 2014 Thanksgiving crash10:43 - Why people actually decide to sell11:55 - The early days of investing in minerals14:46 - The Caritas run and the perfectly timed 2008 hedges22:17 - Buying ahead of the drill bit with Haymaker23:33 - Why everyone should own some as an energy hedge26:08 - The four kinds of buyers and the grassroots game27:22 - The thesis behind Harvest44:46 - Crazy mineral stories from the field48:09 - The Toby Bean apple pie storyhttps://twitter.com/collide_aihttps://www.tiktok.com/@collide.iohttps://www.facebook.com/collide.iohttps://www.instagram.com/collide.iohttps://www.youtube.com/@collide_iohttps://bsky.app/profile/collide-ai.bsky.socialhttps://www.linkedin.com/company/collideai","thumbnail_url":"https://img.transistorcdn.com/c5WQufo5wbt5DUoayihGmjPfi-6mpIXlFv-B8NwxUXk/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS81ODIw/NmQyYjMwOTI3MTcw/NjU3ZTI2NDViYTlk/M2NkNi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}