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Message: <blockquote data-quote="Jd Smith1" data-source="post: 8038582" data-attributes="member: 6998052">I drive by a perfect example regularly.I live on lakefront acreage. A few years ago a very talented guy opened a welding shop next to the largest public dock and very near the largest private marina, on the lake. He offered custom boat docks (by law, only steel-frame docks can be used on the lake, which means custom work), custom trailers, trailer repairs, house boat frames and platform boat frames, repairs of same, and so forth.The area is booming. Houses on the lake are being snapped up, boats are selling fast, fishing was excellent. He was perfectly placed to fill a lucrative niche.And then we got hit with five drought years in a row. Four years of 100/100: 100+ days with 100+ temperatures in a row (which dries things up fast).We had mesquites twenty feet tall in what used to be the deepest part of the lake.  Then, as was customary in Texas, we had a flood, and since then the lake has stayed full, houses on the lake are being snapped up, boats are selling fast, fishing is excellent.But he went broke long before the drought was halfway over.The sole factor was luck. Wrong time, wrong place. There was no way he could have known that the worst drought in 60+ years was about to hit. No amount of skill or hard work would have created a demand.</blockquote>