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
Over the past 30 years, buy-and-hold investors in emerging markets (EM) have endured high volatility for disappointing returns. $100 invested in the S&P 500 in 1989 would have been worth $1,900t today, after experiencing a 15% standard deviation throughout this period. The same $100 invested in EM would have been worth $1,340, having experienced a
Occidental Petroleum is fast becoming one of the linchpins of Berkshire’s portfolio. And, as such, it’s a company that all Berkshire followers (myself included) should become better acquainted with. So I spent the weekend digging up more information on Oxy, its history with Berkshire Hathaway, what Warren Buffett sees in it today — and where
Over the last decade of abundant energy, low inflation, and easy money, anything that could provide growth was priced to perfection hallucination. But then again, what did we expect handing out free money to a generation getting their financial advice from TickTok. My bet is the decade ahead will be the polar opposite, with scarce
As discussed in recent posts, I don’t believe the mega trend has been a US or tech focused trend for the last 10 years. It has been a “private equitization” of the stock market trade – or share buy back trade. And the two best markets have been the markets that have embraced that trend