Lane Olafson

Agriculture: A Tale of Human Development

raman and real grit - I personally think POT is going to go much higher. It is the largest position I have by far. I plan to write-up POT on seekingalpha shortly, because the mis-pricing in the stock, IMO, is ridiculous. Earnings estimates of POT have consistently been based on potash prices that do not reflect the current and future supply / demand. The absolute lack of supply, and the virtual inelasticity of demand make the analyst estimates of $300/t potash unrealistic, just as it was unrealistic last summer when analysts were telling us all that POT was expensive but using $150/t potash to justify the claim.