Let’s invest in cattle gallstones

Welcome to the WC, wherein you’re trapped in my mind for eight to ten minutes weekly.

This week, you’ve got three revolting/disgusting/delicious stories to digest:

Tracking Trump

It can be challenging to keep track of what DJT promises to do compared to what he actually does, especially if you hope to invest well in the chaotic environment his administration promises.

I tried to do that ​here​ and ​here​. But then I spent 2,000 words fretting about ​what would happen if DJT got rid of the Fed​, and he has completely forgotten about or lost interest in that.

It’s challenging.

We’ve dedicated an entire space to it at the Alts community. It’s for paid members only, but you can sign up for a free trial to check it out.

​💬 Join the conversation​

My cow gallstone enterprise seeks investment

This week, I learned about the ​thriving black market for Brazilian cattle gallstones​. It’s disgustingly lucrative.

Gallstones, known as ox bezoars, are widely used in traditional Chinese medicine (TCM) and alternative healing practices. These stones are believed to possess significant medicinal properties, including anti-inflammatory, detoxifying, and aphrodisiac effects. High-quality gallstones can fetch prices ranging from $20,000 to $40,000 per kilogram in markets across East Asia, particularly in China, Japan, and Korea.

Never one to look a gift cow in the mouth, I dug into it, and there’s a lot of money to be made here if you can reliably force encourage cows to develop gallstones.

​Most people​ say you can’t do that.

I say they’re wrong.

Based entirely on deskside research that may or may not be tethered to reality, ROIs of 200% per year are not out of the question. However, you’ll need to spend some of that cash on decent security to ward off the gallstone bandits.

​🐄 Read my cattle gallstone business plan​

West African booze is big time

Yesterday, I paid $74 for what is essentially ​premium Nigerian moonshine​. And I’m convinced it might be one of the smartest purchases I’ve made this year – not for the drink itself (though it’s excellent), but for what it represents.

There’s something fascinating happening in ​West Africa’s spirits industry.​ Traditional drinks that were once banned by colonial authorities are now being served in London’s most exclusive bars. Palm wine that used to be stored in plastic jerry cans is getting aged in cashew brandy barrels. And the ancient spirit that kept African kingdoms buzzing is being reborn as a luxury export.

But here’s what really caught my attention: this isn’t just another craft spirits story. It’s about an entire continent’s worth of unique alcoholic beverages that have never been properly commercialized. We’re talking hundreds of traditional spirits, each with its own history, production method, and potential for premiumization.

The ​current market​ for premium African spirits is tiny – barely a rounding error in the global spirits trade. But that’s exactly what makes it interesting. Because when you dig into the numbers (which I did extensively between sips), you start to see something that looks remarkably like Japanese whisky in the 1990s or mezcal in the early 2000s.

This is just an aperitif. Get drunk on all my knowledge below.

​💬 Join the conversation​

That’s all for this week; I hope you enjoyed it.

Cheers,

Wyatt

Disclosures

  • Our pals at CapitalPad brought you this issue.
  • I own no cow gallstones. Yet.

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Author

Picture of Wyatt Cavalier

Wyatt Cavalier

With a background in finance & intelligence analysis, Wyatt has an unhealthy obsession with finding the best blue chip investment opportunities. His previous newsletter, Fractional, resonated deeply with subscribers, bringing actionable insights and unconventional trading strategies. His rare book collection specializes in banned editions. He currently lives in Spain with his beautiful wife, three young boys, and dog Monty.

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