January 8, 2019
On the one hand, it’s a pretty remarkable story: At the first auction of the year at Tokyo’s Toyosu market, a 612-pound bluefin tuna sold for a record $3 million. That works out to about $4,900 a pound.
On the other hand, bluefin tuna ordinarily sells for about $40 a pound. Good luck with that investment.
Moreover, bluefin tuna is an endangered species; stocks of Pacific bluefin have been depleted by 96 percent from their pre-industrial levels.