nyseclr
Dear fellow investors, Q2 2022 hedge fund letters, conferences and more So far, it was effectively used by President Biden to calm oil prices down when they hit $120 per barrel. The Reserve currently holds around 500 million barrels of oil, down from the normal 700 million barrels. President Biden’s action has backed off prices at the pump, but at some point, those reserves will need to be replaced. Investors know that it will be replaced and oil producers in the U.S. wisely bought oil from the Reserve and refined it. Therefore, they did what any wise business would do, keep their own oil prod...
ValueWalk
Dear fellow investors, *To be, or not to be: that is the question:* *Whether ’tis nobler in the mind to suffer* *The slings and arrows of outrageous fortune,* *Or to take arms against a sea of troubles* – William Shakespeare We believe one of the hardest things to do in common stock investing is to hold winners for a long time. This is especially true with what are normally cyclical industries. In our view, we are suffering through the “slings and arrows” of a major price correction in the secular oil bull market that started in the spring of 2020. Is this the end of oil driving the inflation ...
ValueWalk
Dear fellow investors, Love is in the air, everywhere I look around Love is in the air, every sight and every sound And I don’t know if I’m being foolish Don’t know if I’m being wise But it’s something that I must believe in And it’s there when I look in your eyes Chairman and largest shareholder, Harold Hamm, is trying to own our shares of Continental Resources (NYSE:CLR) at a price of $70. We’ve seen it trade above there in the open market in the last month. How strange? Warren Buffett is bidding on a regular basis to buy shares of Occidental Petroleum (NYSE:OXY) from other existing sharehol...
ValueWalk
Dear fellow investors, Someone once said, “Better than being smart is knowing who is!” Over the last few weeks, three of the richest and most successful businessmen in the U.S. have let us know what they think about being in the oil and gas business. Warren Buffett, Jerry Jones and Harold Hamm are instructing us in a special way and we at Smead Capital Management are happy to be instructed. It is a trifecta that any good handicapper couldn’t pass up. Q1 2022 hedge fund letters, conferences and more An Oil Wisdom TrifectaWarren Buffett bought over nine million shares of Occidental Petroleum (NY...
ValueWalk
In hisDaily Market Notes report to investors, while commenting on volatility, Louis Navellier wrote: More Volatility ExpectedThe market pauses from 3 days of pain as it waits for the Fed‘s move tomorrow. The PPI number came in this morning modestly lower than forecast and stocks are moving sideways after an awful day yesterday, the 4th down day in a row and by far the worst. Q1 2022 hedge fund letters, conferences and more Crypto had an even worse day as a couple of major exchanges suspended trading. The volatility is wrapped around fears that the Fed will raise more than 50bps tomorrow and be...
ValueWalk
Oklahoma has a diverse economy, with aviation, food processing, electronics, telecommunications and transportation equipment being the main contributors. It is among the biggest producers of natural gas, aircraft, and food. In fact, the state ranks among the top five in the U.S. in the production of natural gas, as well as wheat. Oklahoma is also among the most business-friendly states, and is home to many popular companies. Let’s take a look at the ten most profitable companies in Oklahoma. Q3 2021 hedge fund letters, conferences and more Ten Most Profitable Companies In OklahomaWe have used ...
ValueWalk
Dear fellow investors, During our quarterly webcast last week (October 21, 2021), someone asked us a great question. They asked, “Does the ten-year Treasury bond rate at 1.65% and an inflation rate of 5% teach us that inflation will be transitory?” It is an important question because the majority of economists and market strategists are betting that inflation is transitory. Look at the chart of 10-Year Treasury bonds going back to 1970: Q3 2021 hedge fund letters, conferences and more A Look At 10-Year Bond Prices From 1981Our answer to the question goes back to 1981, when we were at the other...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら