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Welcome to the StoryFinance podcast, where we’ll help you gain financial literacy by breaking down finance concepts and strategies through stories, not theory or accounting rules. Tune in and learn from experts who’ve been in your shoes. Numbers can be tricky. This podcast will help.
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Wednesday Sep 06, 2023
Wednesday Sep 06, 2023
Hello everyone and welcome back to the Farming for Passive Income show where we strive to educate the agricultural community on how to create alternative income streams and diversification through commercial real estate private equity.
Eric Rice, the chief growth officer of King Operating Corporation. Starting his career in wealth management in Chicago, Eric has spent the past two decades building his diverse portfolio of businesses. His ability to identify market nuances and growth opportunities has made him a trusted partner for entrepreneurs and investors worldwide.
2:45 How do oil and gas investments work?
3:50 What is their difference from the traditional oil and gas companies?
5:00 How do they ensure they’re drilling the correct locations?
10:30 Permian Basin
14:10 “Teaching supply chain to people gives a greater understanding of where things come from. And two symbiotic markets are, you know, the oil business and farmers. We are the base ingredient for running the world.”
17:00 Myths and Process from an Investor and Operations Standpoint
20:00 What is Fracking?
26:20 “The best asset of human nature is our ability to think critically and discern truth.”
30:45 His thoughts on other hydrocarbons and metals outside of oil and gas
33:30 Takeaway from Eric
Connect with Eric:
Website: kingoperating.com
Twitter: EA_rice
YT: King Operating Corporation / The Rice Report
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