Negatiger1986

Expand and EOG are also in that price range.

If commodity prices are strong when the stock vests, sell and diversify. Your entire livelihood is tied to that company/industry (salary, benefits, possibly even your home if O&G is the primary industry in your city). If commodity prices are weak, hold and sell during the next up cycle.

The odds that you’re selling the next Google or Nvidia are very low in my opinion because of the leverage to oil prices. I supposed it’s possible oil could go to $1,000/bbl and I’m proved wrong but there’s too much oil that can be economically brought online at even $100 that the supply side won’t allow prices to go crazy high for any extended period of time.

I’ve seen (many) better tri-toons at the prop stop.

I buy most of my wine online from Casemates and de Négoce. Sometimes you get a dud but in general you get well made wines at <$20 bottle that beat anything you’d get off the shelf at the grocery store in the sub-$40 range.

Casemates is a daily deal site that sends bottles ahead to the community so there are unbiased tasting notes/reviews on the message board for whatever wine is on sale that day. The catch is that you usually have to at least 3-6 bottles at a time, or a case to get the best price.

Négoce is Cameron Hughes, he simply buys wine from oversupplied producers and sells it under his own label. He under NDA so can’t say where the wine is from - but he tells you varietal, location, vintage, and oak program, which once you know your tastes is all that you need to know anyway. So it’s a bit of a mystery. As one poster alluded to, many producers are willing to sell him their extra wine on the cheap to maintain the illusion of scarcity and continue to sell their wine at premium prices. Also as Cameron would say, wine is not expensive to make, it is expensive to sell.

No. Sometimes there are fees associated with buying mutual funds but my intent wasn’t to say ETFs are better than mutual funds. Just a suggestion for this kid. As long as you’re not trying to stock pick and are in quality diversified funds with low fees then you’re good. But I suspect you knew that.

The stuff that rots and dies has to be in sufficient accumulations, at a sufficient depth and temperature to cook into oil and gas and trapped in a geologic formation such that it is recoverable. Typically this occurs where shallow oceans used to exist - all the organisms in the shallow water die and accumulate in sandstones, which over geologic time (hundreds of millions of years) become oil and gas reservoirs. I guess once we deplete what is recoverable today we can wait another 300 million years for the processes to repeat.

I agree we are unlikely to run out. At high enough oil prices we will continue to develop more and more marginal reservoirs.

The main difference is that a margin loan may be used to buy securities while an SBLOC can not be. The interest rates on a margin loans are approaching credit card levels - 10+%. SBLOC will be more in line with mortgage rates.

No crumbs but most likely your house smells like dog and you’re nose blind to it.

I think SPYs market share is driven by the depth of liquidity in the associated options. It is the highest vol on options contracts of any ticker on any given day. I think long-only investors are smart enough to realize that there are substantially identical alternatives with lower fee.

Yes, the leaderboard at golf a tournament changes as golfers play more golf.

I jinxed him