JBL: Three for the Road

Cellulosic ethanol will be huge.

Cellulosic plants built near landfills and commercial waste will help us get off of foreign oil, and will have the win-win of producing cheap alternative fuel and using a lot of waste that would go into landfills, which are an environmental hazard.

Most of the ethanol is produced in the Midwest; because ethanol cannot be piped, there will be a glut in the Midwest. Invest in ethanol plants on the two coasts.

While nuclear is not renewable energy, it will make a comeback. China is planning a huge nuclear boom. We will finally realize that power we can produce instead of buy from people who hate us is a good thing.

Third, content is king.

We will receive entertainment (content) on three screens: handheld, PC and television. How we receive it is up to distribution methods, which technology will dictate.

However, whether Pirates of the Caribbean is watched in theaters, downloaded or bought on DVD, content will always be king.

Good content will always make money, no matter how it is consumed.

Phone, Internet and television will become a commodity. This is great for consumers, bad for investors. It will be tough to pick winners in this sector.

I have also come to believe that you can't fight Father Time.

A broken back suffered in a match in England, compounded by a herniated and bulged disc, finally made me realize my career as a professional wrestler was over. I since migrated to the color commentary position much in the way that Jesse Ventura did before me.