At Bison, we look for heavily discounted oil and gas equities with good assets, survivable balance sheets, proven management teams, and imminent catalysts to help close valuation dislocations in public markets. This sometimes involves buying equities with core businesses trading at low valuations that also have secondary assets that could be worth a significant portion
With his reign secured, Erdogan banned the Turkish CB from intervening in the currency market. Now you probably seen Erdy and Putin bff pictures, and he shrewdly used his relationship with the Russian President to get more gas and oil then he ever dreamt of. (Even gave free gas for a month to the entire
HDFC Bank (HDB) of India is a stock I’ve been bullish on for years, although there were times where I increased or reduced exposure to it based on valuation. The company just completed the merger-acquisition of its parent company at the start of this month, which creates one of the largest banks in the world
Judd discusses why Tidewater is the best energy stock at the moment. He explores offshore opportunities, like VAL, RIG, and NE. Judd highlights the importance of liquidity and provides insights on finding post-bankruptcy ideas. He also mentions Pagaya (PGY) as an interesting company and shares additional investment ideas. [0:00] Why Tidewater is the best [10:00]
In 2012, Eike Batista had an estimated worth of more than $35 billion. The self-made Brazilian billionaire created an empire that stretched from mining to oil to public works. Many considered him the pride of Brazil. Barely two years later, he had lost all $35 billion…and owed another $1.2 billion to creditors. How does this
Continue reading here. You can also watch the full video of Buffett’s speech right here.
You can listen here or via YouTube using the linked timestamps below: Introduction: 0:00 Charity: 2:36 Why a seventh edition of “Security Analysis”: 3:20 Spirit of Gram and Dodd: 7:11 Margin of Safety: 14:56 Buying the Dip: 18:37 Market Efficiency: 23:06 Human Progress: 26:29 Social Media: 31:34 Blitzscaling: 36:45 Growth and Change: 39:08 Opportunity: 40:33
How can an investor make useful observations regarding the status of the markets? Most of the time, markets are near the middle ground — perhaps a little high or a little low, but not so extreme as to permit dependable conclusions. Investors’ records of success with calls in markets such as these are poor. Even
“Investment is most intelligent when it is most businesslike.” – Benjamin Graham, The Intelligent Investor It is fitting to have a Ben Graham quote open this essay because I owe so much of what I know about investing to him. I will talk more about Ben a bit later, and I will even sooner talk
The Nasdaq-100 is getting rebalanced after its biggest tech companies got too big. The move was triggered earlier this month when the companies in the index with weightings exceeding 4.5% saw their combined weighting surpass 48%, according to Cameron Lilja, global head of index product and operations at Nasdaq. The rebalance, which takes effect Monday,