This company has reimagined fencing (yep, fencing)

There are sexy businesses, and there are unsexy businesses.

Snap, Peloton, and WeWork are sexy. They all have buzz and panache.

But you know what else these companies have in common? None of them are profitable!

Here at Swaggy, we like to find under-the-radar companies you wouldn't normally think about. And we found one in Perimtec.

Perimtec designs and installs modern fences. That's it. They sell direct-to-consumer across the US. That's what they do.

​And you know what? They're making real money. Check this out:

• Annual run rate of $3.1 million

• LTV to CAC ratio of 4.1

• Raising at a valuation of $7.1 million (that's low!)

Fencing is becoming a more important part of home design. (Heck, I installed a new backyard fence for exactly this reason)

Perimtec is making an unsexy business as sexy as possible.

Consider investing in these guys.

SPONSOR

Fewer than 30% of you were optimistic about all that Black Friday spending, with seven in ten saying either consumers are addicted to…consuming…or they’re being pragmatic about discount shopping.

Worth noting: JPMorgan CEO Jamie Dimon agrees consumers are addicted to debt.

📊 Income

• Global bonds are having their best month since 2008.

• Spices and flavorings company McCormick & Co. is increasing its dividend by 7.7%.

• A mid-cap fund that focuses on big dividends.

Want to party like it’s 2007? Check out public.com’s bond ETF portfolio designed to offer exposure to mortgage-backed securities (MBS) and other securitized debt.

📊 Crypto

• What’s next for Binance?

🌍 Global Perspectives

🇬🇧 The UK is struggling to attract talented workers post-Brexit.

🇯🇵 Airbnb is looking to fill homes left vacant by Japan’s declining population.

🇵🇰 Foreign investment in Pakistan is at a four-year high, which has driven a 50% gain in the KSE-100 since June.

🇸🇦 Saudi Arabia will host World Expo 2030.

💎 Wealth Watch

• You may need to rethink where your retirement income will come from.

• Why you may not be as rich (or poor) as you think.

🗳️ Outside the Box

• A drug that will extend and improve dogs’ lives is on its way.

• The vast majority of US workers admit artificial intelligence tools could replace them.

• What are corporate boards of directors supposed to do, exactly?

• Meet Greg Abel, Warren Buffett's successor and heir apparent to Berkshire Hathaway.

📈 Trends you need to know

Brought to you by our friends at Glimpse, my favorite way to spot trends.

The art scene in Saudi Arabia suffered in King Abdullah’s early years, but it’s making a comeback as part of the Kingdom’s Saudi Vision 2030.

That’s all for today. Did we miss anything? Smash the reply button to let us know.

Cheers,

Wyatt

Notes

Please read this disclaimer. The authors of Alt Assets, Inc. are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content should not be taken as professional advice. They are self-taught accredited investors, sharing information, research, entertainment and lessons learned based solely on their own experience and circumstances. Individual results may vary. The published content is unique, based on certain assumptions and market conditions at the time of publishing, and is intended to serve solely as research, not financial advice. For entertainment purposes only. Not investment advice. Alts I LLC (the “Fund”) is an affiliate of Alt Assets, Inc. and the Fund has conducted a private placement offering under Rule 506(c) of Regulation D of the Securities Act of 1933, as amended. The Fund may invest in one, several, or all of the alternative asset classes that Alt Assets, Inc. publishes content about on its site. Any of the Fund’s investments that have positive designations on the Alt Assets, Inc. site are purely coincidental, as the Fund is actively managed and guided by its own investment parameters, as summarized in the relevant private placement memorandum. Alternative investing involves a high degree of risk, including complete loss of principal and is not suitable for all investors. Past performance does not guarantee future results. The newsletter may contain affiliate links, meaning that Alts.co and its associated entities may receive compensation for referring customers to the noted companies. We recommend seeking the advice of a financial professional before you make any investment in an alternative asset class or any associated entities, and we accept no liability whatsoever for any loss or damage you may incur.