Brighton Capital
@brightoncap.bsky.social
Asset management with a focus on energy, agriculture and Pez dispensers. Minneapolis, MN.
Investing: I've made some bad decisions, but they never consumed as much energy as collecting, weighing, packaging, storing and marketing (including dealing with Craigslist flakes) 70,000 pennies for two cents each, presumably a 100% gain on pennies minted between 1959 and 1982, all for $700.
November 14, 2025 at 11:27 PM
Investing: I've made some bad decisions, but they never consumed as much energy as collecting, weighing, packaging, storing and marketing (including dealing with Craigslist flakes) 70,000 pennies for two cents each, presumably a 100% gain on pennies minted between 1959 and 1982, all for $700.
This guy is supposed to figure out physics (the unique challenges when playing ball in Denver) when he couldn't figure out how to avoid QB disasters at the Cleveland Browns?
www.wsj.com/sports/baseb...
www.wsj.com/sports/baseb...
November 14, 2025 at 6:37 PM
This guy is supposed to figure out physics (the unique challenges when playing ball in Denver) when he couldn't figure out how to avoid QB disasters at the Cleveland Browns?
www.wsj.com/sports/baseb...
www.wsj.com/sports/baseb...
Eggs! From a low base, wholesale prices have doubled in one month. If you can still find $2/doz in a store, get ya' some.
November 14, 2025 at 4:10 PM
Eggs! From a low base, wholesale prices have doubled in one month. If you can still find $2/doz in a store, get ya' some.
Once again, the cure for high prices is high prices.
Cocoa beans, USD/metric tonne
Cocoa beans, USD/metric tonne
November 14, 2025 at 3:00 PM
Once again, the cure for high prices is high prices.
Cocoa beans, USD/metric tonne
Cocoa beans, USD/metric tonne
Taco Tuesday, 2019 price version.
Not bad. This is from a higher end chain. I'm going to be like the Grandpa Simpson .gif where he enters a restaurant and immediately exits, but I'll have a lb of beef in my hands. Rinse & Repeat. ;-)
Not bad. This is from a higher end chain. I'm going to be like the Grandpa Simpson .gif where he enters a restaurant and immediately exits, but I'll have a lb of beef in my hands. Rinse & Repeat. ;-)
November 13, 2025 at 3:09 PM
Taco Tuesday, 2019 price version.
Not bad. This is from a higher end chain. I'm going to be like the Grandpa Simpson .gif where he enters a restaurant and immediately exits, but I'll have a lb of beef in my hands. Rinse & Repeat. ;-)
Not bad. This is from a higher end chain. I'm going to be like the Grandpa Simpson .gif where he enters a restaurant and immediately exits, but I'll have a lb of beef in my hands. Rinse & Repeat. ;-)
Trade mag ad. IMO "oil is life" is better suited for ExxonMobil or @roryjohnston.bsky.social. And for a food ingredient firm to come out swinging with a bold "tallow is back" it's an admission that "fat is life" won't sell.
Anyway, for fans of science and alliteration: LIPIDS ARE LIFE rocks.
Anyway, for fans of science and alliteration: LIPIDS ARE LIFE rocks.
November 12, 2025 at 4:04 PM
Trade mag ad. IMO "oil is life" is better suited for ExxonMobil or @roryjohnston.bsky.social. And for a food ingredient firm to come out swinging with a bold "tallow is back" it's an admission that "fat is life" won't sell.
Anyway, for fans of science and alliteration: LIPIDS ARE LIFE rocks.
Anyway, for fans of science and alliteration: LIPIDS ARE LIFE rocks.
Private equity managed to drive a 70-year-old MN home renovation company into the ground during boom times for this type of work (co. in snip below is part of Renovo Home Partners in the original post).
Everybody thinks they're going to be the next Wayne Huizenga of the roll-up world.
Everybody thinks they're going to be the next Wayne Huizenga of the roll-up world.
November 10, 2025 at 7:34 PM
Private equity managed to drive a 70-year-old MN home renovation company into the ground during boom times for this type of work (co. in snip below is part of Renovo Home Partners in the original post).
Everybody thinks they're going to be the next Wayne Huizenga of the roll-up world.
Everybody thinks they're going to be the next Wayne Huizenga of the roll-up world.
Investing/Trading advice for non-professionals, non-weather geeks: don't buy (or sell) natural gas on a Sunday night during heating season. Your chances of waking up poorer are pretty high.
November 10, 2025 at 2:58 PM
Investing/Trading advice for non-professionals, non-weather geeks: don't buy (or sell) natural gas on a Sunday night during heating season. Your chances of waking up poorer are pretty high.
Supply & Demand 101, and this time the widgets are 90% silver dollars (US Morgan dollars). At current silver prices they're worth ~$35/each in melt value, everything above that is collectible value.
*legend at bottom is the grade on a 1-70 pt scale.
*legend at bottom is the grade on a 1-70 pt scale.
November 8, 2025 at 3:04 PM
Supply & Demand 101, and this time the widgets are 90% silver dollars (US Morgan dollars). At current silver prices they're worth ~$35/each in melt value, everything above that is collectible value.
*legend at bottom is the grade on a 1-70 pt scale.
*legend at bottom is the grade on a 1-70 pt scale.
MSTR & Bitcoin: If I understand this correctly, the only way to pay 10% interest on a non-income producing asset is for that asset to continue rising in price and still you have to sell some occasionally to make those payments (or dip into whatever is in corp treasury). Works until it doesn't.
November 8, 2025 at 2:48 PM
MSTR & Bitcoin: If I understand this correctly, the only way to pay 10% interest on a non-income producing asset is for that asset to continue rising in price and still you have to sell some occasionally to make those payments (or dip into whatever is in corp treasury). Works until it doesn't.
At a glance, yes, same operation got PPP ~Apr 2020 and again in early 2021 for about the same amount each time.
Here's a summary for MN. $600M+ PPP to farmers and a huge number lacking NAICS codes so could be much more.
Here's a summary for MN. $600M+ PPP to farmers and a huge number lacking NAICS codes so could be much more.
November 7, 2025 at 7:58 PM
At a glance, yes, same operation got PPP ~Apr 2020 and again in early 2021 for about the same amount each time.
Here's a summary for MN. $600M+ PPP to farmers and a huge number lacking NAICS codes so could be much more.
Here's a summary for MN. $600M+ PPP to farmers and a huge number lacking NAICS codes so could be much more.
I don't understand it. 60 ct cotton is not new. It's one of the big five subsidy crops, prices spiked a couple of years ago, If these guys are like many others, they took technically fraudulent PPP loans (no jobs at risk; lied about number of empls), etc.
November 7, 2025 at 5:31 PM
I don't understand it. 60 ct cotton is not new. It's one of the big five subsidy crops, prices spiked a couple of years ago, If these guys are like many others, they took technically fraudulent PPP loans (no jobs at risk; lied about number of empls), etc.
Here's another helping of schadenfreude.
November 7, 2025 at 5:25 PM
Here's another helping of schadenfreude.
Time flies... 23 yrs ago it was big news when Target opened a temporary Christmas store on a boat docked at a Manhattan pier (story link). Today, you can find eggs (it's always about eggs) for only $2.29 at numerous Manhattan stores, including the Upper East Side
www.nydailynews.com/2002/11/10/t...
www.nydailynews.com/2002/11/10/t...
November 7, 2025 at 5:13 PM
Time flies... 23 yrs ago it was big news when Target opened a temporary Christmas store on a boat docked at a Manhattan pier (story link). Today, you can find eggs (it's always about eggs) for only $2.29 at numerous Manhattan stores, including the Upper East Side
www.nydailynews.com/2002/11/10/t...
www.nydailynews.com/2002/11/10/t...
I'm sure it was mutual physical chemistry upon first sight.
(profile of Carl Icahn at age 90. free link. Son in picture)
www.wsj.com/finance/carl...
(profile of Carl Icahn at age 90. free link. Son in picture)
www.wsj.com/finance/carl...
November 5, 2025 at 6:47 PM
I'm sure it was mutual physical chemistry upon first sight.
(profile of Carl Icahn at age 90. free link. Son in picture)
www.wsj.com/finance/carl...
(profile of Carl Icahn at age 90. free link. Son in picture)
www.wsj.com/finance/carl...
Good call. I was skeptical, but I've never dug into the late night or next day sorting process of ranked choice.
Ever consider politics? ;-)
Ever consider politics? ;-)
November 5, 2025 at 5:54 PM
Good call. I was skeptical, but I've never dug into the late night or next day sorting process of ranked choice.
Ever consider politics? ;-)
Ever consider politics? ;-)
Eggs in New York City -
They're now $2.00 wholesale/delivered to store, up from their 2025 low of $1.57 on October 2nd. Enjoy your socialism!
(Kidding about the last part. They're moving up but because of seasonality and low layer inventory due to ongoing HPAI.)
.
They're now $2.00 wholesale/delivered to store, up from their 2025 low of $1.57 on October 2nd. Enjoy your socialism!
(Kidding about the last part. They're moving up but because of seasonality and low layer inventory due to ongoing HPAI.)
.
November 4, 2025 at 7:30 PM
Eggs in New York City -
They're now $2.00 wholesale/delivered to store, up from their 2025 low of $1.57 on October 2nd. Enjoy your socialism!
(Kidding about the last part. They're moving up but because of seasonality and low layer inventory due to ongoing HPAI.)
.
They're now $2.00 wholesale/delivered to store, up from their 2025 low of $1.57 on October 2nd. Enjoy your socialism!
(Kidding about the last part. They're moving up but because of seasonality and low layer inventory due to ongoing HPAI.)
.
Copper: maybe it's like coal for utilities and trades flat price a few qtrs or a year ahead, but recent months seem like one massive headache for producers and consumers trying to plan as well as speculators and intermediaries on the wrong side. Galaxy brain economic policy at work...
November 4, 2025 at 4:55 PM
Copper: maybe it's like coal for utilities and trades flat price a few qtrs or a year ahead, but recent months seem like one massive headache for producers and consumers trying to plan as well as speculators and intermediaries on the wrong side. Galaxy brain economic policy at work...
"Trade headlines, sell newspapers"
This is one of the companies that "gave" an equity stake to the US Govt about a year after their Dept of Energy loan had been approved. Maybe someday they'll produce lithium and make money but that's a few years away.
This is one of the companies that "gave" an equity stake to the US Govt about a year after their Dept of Energy loan had been approved. Maybe someday they'll produce lithium and make money but that's a few years away.
November 4, 2025 at 4:31 PM
"Trade headlines, sell newspapers"
This is one of the companies that "gave" an equity stake to the US Govt about a year after their Dept of Energy loan had been approved. Maybe someday they'll produce lithium and make money but that's a few years away.
This is one of the companies that "gave" an equity stake to the US Govt about a year after their Dept of Energy loan had been approved. Maybe someday they'll produce lithium and make money but that's a few years away.
US history: It's amusing that a country that was mostly founded by the no-fun Puritans with their buckle shoes and bonnets was 177 years later producing some of its earliest coins that looked like this. Thank/blame the French. And yet another reminder that since ancient pottery #BoobsSell
November 3, 2025 at 3:30 PM
US history: It's amusing that a country that was mostly founded by the no-fun Puritans with their buckle shoes and bonnets was 177 years later producing some of its earliest coins that looked like this. Thank/blame the French. And yet another reminder that since ancient pottery #BoobsSell
He also has quite a collection of vintage/smashed/distressed hats. Kent Feeds!
November 1, 2025 at 2:20 PM
He also has quite a collection of vintage/smashed/distressed hats. Kent Feeds!
Silver: It's a good time to be miner, pawn shop or coin/bullion dealer. Or to be holding "junk" coins or silver bars, but those guys probably aren't touching their stash until the zombie apocalypse.
October 31, 2025 at 11:52 PM
Silver: It's a good time to be miner, pawn shop or coin/bullion dealer. Or to be holding "junk" coins or silver bars, but those guys probably aren't touching their stash until the zombie apocalypse.
You can acquire money illegally and quickly. Takes a while longer for class and taste (Drumpf family still working on it after three generations).
October 31, 2025 at 11:16 PM
You can acquire money illegally and quickly. Takes a while longer for class and taste (Drumpf family still working on it after three generations).
Wholesale butter is cheap! Four-year lows. And even cheaper since this is a nominal (no inflation adjustment) price chart.
No idea what retail prices per lb are, but like eggs, milk or basic cheese it's ready to eat - just needs to be put in smaller packages.
No idea what retail prices per lb are, but like eggs, milk or basic cheese it's ready to eat - just needs to be put in smaller packages.
October 31, 2025 at 7:01 PM
Wholesale butter is cheap! Four-year lows. And even cheaper since this is a nominal (no inflation adjustment) price chart.
No idea what retail prices per lb are, but like eggs, milk or basic cheese it's ready to eat - just needs to be put in smaller packages.
No idea what retail prices per lb are, but like eggs, milk or basic cheese it's ready to eat - just needs to be put in smaller packages.