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

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📊 Income

• Asian investment-grade dollar bonds are poised for their best monthly returns in a year.

• Seven S&P 500 stocks that pay 7%+ dividends.

• How to use dividend stocks to buy a home.

• A 9.71% yielding alternative to Treasuries.

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

• A Charlie Munger meme coin pumped 31,000% after his passing.

• Investors are suing Cristiano Ronaldo for over $1 billion over his promotion of Binance.

🌍 Global Perspectives

🇱🇰 Sri Lanka has reached a deal with its creditors, which will unlock a $2.9 million IMF bailout.

🇯🇵 🇸🇦 Japan and Saudi Arabia have agreed to deepen their economic relationship. Saudi-Japan Vision 2030 consists of projects that involve both the public and private sectors.

🇸🇦 Saudi Arabia’s Jazan region is set to become a center for African trade.

🇨🇳 China’s factory activity contracted for a second straight month in November, while non-manufacturing activity hit yet another new low this year

🇨🇳 It’s been a record-setting year for Chinese ETFs.

🇲🇿 Mozambique is set to present an ambitious energy transition plan at COP28 that aims to draw $80 billion — about five times its annual GDP — in foreign investment to boost its renewable energy capacity.

💎 Wealth Watch

• Billionaires minted in the latest year accumulated more wealth through inheritance than entrepreneurship for the first time since UBS started tracking the fortunes of the world’s richest almost a decade ago.

🗳️ Outside the Box

• How AI will change investment and research.

• The SEC has charged an idiot with fraud.

• Apple’s 2023 App Store Award winners include AllTrails and Honkai.

• Why cheating is allowed on game shows.

📈 Trends you need to know

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

Snail mucin is the secretion snails leave behind. It’s popular in cosmetics.

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.