Great read. I’ve been overweight oil and nuclear for awhile — glad to hear your thoughts on the topic (and Muir’s). My oil positions were not originally intended to be long-term, but I may have to re-evaluate that thesis. Capturing and hanging on to a true compounder is a difficult thing to do — I wouldn’t want to unnecessarily let “let them off the hook” before landing the real returns.
Great read. I’ve been overweight oil and nuclear for awhile — glad to hear your thoughts on the topic (and Muir’s). My oil positions were not originally intended to be long-term, but I may have to re-evaluate that thesis. Capturing and hanging on to a true compounder is a difficult thing to do — I wouldn’t want to unnecessarily let “let them off the hook” before landing the real returns.
Agreed. I hope this offers a fresh perspective.
I've not entered any oil positions just yet, as I continue to dig deeper into the numbers
and risk profile of some of these companies.
I'll likely build up the position shortly, then track how reality evolves vs. expectations.