More thoughts on oil
From JP. Morgan Dec 1,2014 US oil producers unlikely to slash output anytime soon – while US firms may slow new investment, they will prob. continue pumping from existing fields. The cost of…
Why Larry Summers sees danger ahead for the economy - The Washington Post
I'm not a big fan of Larry Summers more on style points as he comes off as pedantic and long winded but I have to admit he makes a lot of sense here. There is a big difference in investing between…
Has Oil Bottomed? America's most successful oil man thinks so
Has Oil Bottomed? Continental Resources Thinks So By Ben Levisohn When Continental Resources CLR revealed that it had cashed in its hedges on the price of oil–earning $433 million in the process–it…
Portfolio Holdings 11-6-14
This content is password protected. To view it please enter your password below: Password:
3rd Quarter 2014 Partner Letter
This content is password protected. To view it please enter your password below: Password:
Portfolio Holdings 10-17-14
This content is password protected. To view it please enter your password below: Password:
The contrarian view in the oil patch is hard to come by these days, here's mine
It's hard to find the contrarian view in the oil patch these days but some of our contrarian observations are: A barrel of oil is worth far more in the U.S. than in other parts of the world. The U.S…
Merrill Lynch is the cause of the Ebola economic panic, written by a lawyer not even a healthcare worker!
I think Merrill Lynch is the main cause of the global economic panic about Ebola. They published this report 10-3-14 on Ebola front page as part of their big global strategy update. Note the…
Is there more downside risk? Insiders will soon provide the answer
I spent a little while today calling clients and calming nerves. If you didn't get a call from me today, you will tomorrow. Most of our clients are not too nervous and that could be a bad sign as…
U.S. stocks slide allows short sellers to smile again | Reuters
Reuters - The stock markets long-suffering short sellers finally have something to smile about. Investors who make a living betting that stock prices will fall are in a position to profit…