Tuesday, February 15, 2022

Notes From All Over -- Part 1 -- February 15, 2022

Meme:

  • "25% increase in capex for a 3% increase in production"-- insert whatever numbers you want to insert; there's a huge fallacy using this kind of "reasoning.

Permian:

  • forecast to hit record production in March, 2022;

Market:

  • Intel: agrees to buy Tower Semiconductor, $5.4 billion deal;
  • Buffett: 4Q21 -- increased his position in CVX
    • CVX low in 4Q21: $104 / share; in September, CVX was trading for $94
    • yesterday: $136

RIVN:

  • Soros bought $2 billion of RIVN; held it at year end;
    • two weeks ago, the value of that stake was down 50% to $1 billion

Ukraine:

  • going through the motions
    • Russia's parliament asks Putin to recognize breakaway east Ukrainian regions -- Reuters
      • so tanks / trucks roll across the border into contested areas?
      • prolonged stand-off as both sides negotiate?
  • only question: does Russia occupy Kiev?
  • at minimum, Putin gets "buffer state" between NATO and motherland 

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Very Short Clip

1 comment:

  1. Almost makes ya feel sorry for poor Mr. Soros. Bless his heart.

    ReplyDelete

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