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Opportunity Cost with Bob Metzger [episode 59]

  • ranchrightllc
  • 14 hours ago
  • 3 min read

header graphic Opportunity Cost with Bob Metzger [episode 59]

Listen to Opportunity Cost with Bob Metzger on: Apple Podcasts | Spotify | Your platform of choice  



In this episode of Ranchonomics, host John Haskell sits down with expert Bob Metzger to delve into the critical concept of opportunity cost in relation to both short-term and long-term investments. They explore the importance of factoring in interest payments when making financial decisions, as well as the power of compounding interest in maximizing returns. Metzger emphasizes that adopting a long-term mindset is essential for sustained success in ranching, cautioning against the allure of short-term gains that may lead to significant losses. The discussion also touches on the current “all-time-high” market, prompting insightful reflections on whether or not now is an opportune time to invest. This episode is packed with actionable insights that empower ranchers to align daily operations with strategic financial thinking, steering the business from chaos to clarity.


In this episode, Opportunity Cost with Bob Metzger, we cover: 

  • Opportunity cost as it relates to short term and long term investments

  • Accounting for paying interest when evaluating the cost of a decision

  • Considering compounding interest when evaluating return on investment

  • Thoughts on the “all-time-high” cattle market and whether or not it's a good time to buy

  • Examples of how short term mindsets may have big wins short term but will also have big losses

  • How having a long-term mindset will win in the long term


Meet Bob Metzger:

Bob Metzger is an Ag Econ graduate Oklahoma State. He was formerly Vice President of Investments with A. G. Edwards,the fifth largest brokerage firm nationwide. Bob managed client assets of 180 million using stocks, bonds, mutual funds and etfs. Bob currently ranches in Hugo, Oklahoma and grazes cattle in various locations. He is a devotee of Bud Williams marketing and stockmanship.

  

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More about the Ranchonomics podcast:  

Welcome to Ranchonomics, where we empower you to build a better ranch and transform your operation into a thriving business. This podcast is brought to you by Ranch Right LLC, and together we will look at essential strategies, mindsets, and processes needed to take command of your financials and master the business metrics that make all the difference. If you are ready to start winning at ranching, then you are in the right spot. 


With each episode of Ranchonomics, you will hear inspiring success stories, gain simple yet powerful financial literacy tips, and listen to insightful interviews with industry experts and real-life practitioners. 


Whether you are a seasoned rancher or just starting out, we believe that managing a ranch shouldn't mean drowning in paperwork or missing out on valuable opportunities. Our mission is to help you see the link between your daily ranching operations and your financials that allow you to go from chaos to clarity and achieve your goals. 


Join us as we explore the intersection of ranching and finance, helping you understand your numbers and make informed decisions that propel your business forward. 

Subscribe now and start your path to a more profitable, less stressful ranching experience with Ranchonomics. It's time to harness the full potential of your operation. 

 

Make sure to hit subscribe/follow so you never miss an episode! 

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