
← Chuck Yates Got A Job30 Jun · 51 min
The Best Oil Investment Most People Don’t Understand
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.
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Click here to view the episode transcript.
0:00 - Mineral versus royalty, explained for mom
1:23 - Why US mineral ownership is uniquely American
4:28 - The first oil lease and the Far and Away land rush
8:11 - Splitting estates and why mineral owners keep multiplying
9:25 - Karl and Chuck's history and the 2014 Thanksgiving crash
10:43 - Why people actually decide to sell