The simplest way to make a genuine fortune – we're talking 20 to 50 times your money here - is to buy assets no one wants and wait for them to be wanted again.

Now it's looking like it's happening all over again in another industry no one wants to touch – timber.

I know, I know…timber!…who wants timber? But please, here me out.

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The recession is over!

GDP grew at a 3.5% clip between July and September.

Wall Street’s fortunes seemingly turned around overnight.

But with the rally reminding everyone how fragile it is, are the boom times really here again?

One of the world’s best investors thinks it will seem that way for a while, but - that could be bad news for the markets. Here’s why.

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Is the party over?

From a quantitative perspective, it looks like it might be. At this time, however, I’d still be hesitant to stick a fork in the rally quite yet. Here’s why...

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The window of opportunity is still wide open.

When the markets were in a state of confusion last fall, we tried to keep our heads level and focus on the future.

One of the areas we inevitably turned to was agriculture:

This is a pretty simple one. The world's population is growing and the world's available farmland is not. The question here is not if there will be a big payoff, but when.

Of course, the whole investment world knew that. And it's why agriculture stocks made such a big run between 2006 and 2008.

The good news is, however, the run in agriculture is far from over. In fact, it looks like agriculture stocks are just starting to get attention again. It really looks like the world is finally starting to see the "agtastrophe" approaching and now is a great time to get on board. Here's why.

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The last time this happened investors made 10 to 20 times their money.

Now an opportunity for similar gains is fast approaching.

Let’s start at the beginning though. Six years ago no one - and I mean no one - wanted to buy steel stocks.

The industry was reeling. The Chinese were making heavy inroads into the U.S. steel market. They were able to deliver the same product as U.S. steelmakers at a much lower cost. Even some pretty steep protective tariffs enacted the year before weren’t able to save the industry.

It was ugly and it looked like the domestic steel industry was dead. A few innovative companies, however, weren’t about to go under without a fight.

When their backs were against the wall, it didn’t take long for companies like Nucor (NYSE:NUE) and U.S. Steel (NYSE:X) to figure out a way to compete in the global steel industry. They did it by changing from giant mega-mills to much more flexible (and profitable) mini-mills.

They innovated their way to success. And when the crisis did pass, they were one of the few left standing. As a result, they had an even bigger share of the domestic steel market than they did before. And investors who were able to spot the success of these new business models were able to make as much 10 to 20 times their money, in five or six years time.

Now it’s looking like it’s happening all over again. This time, it’s in this beaten down industry.

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