Thursday, October 5, 2023

Too Late To Blog — October 5, 2023

Locator: 45658B.   

Stories tomorrow.

  • this week’s theme: energy transition is over. Peter Zeihan.
  • one-two punch:
    • renewable energy not doable in long term
    • interest rates will kill it in short term
  • wind, offshore: geographically viable only in the western GOM (perhaps)
  • Warren Buffett sells more HPQ
  • XOM-PXD
    • who’s next?
  • Trump: speaker of the US House — fantasy land but nothing surprises me any more
  • Fain: announcement tomorrow at noon. My hunch: no change.
  • AMD: AI
  • more on Rivian tomorrow
  • for the umpteenth time — latest reading (today): 4.9%
  • Josh over at twitter has lost all credibility
  • Charles Lindbergh - Nazi Germany - WWII
    • history may not repeat but itcertainly rhymes
  • US and natural gas: it no longer makes sense
    • Americans like a tragedy with a happy ending
  • the “wall” is back

2 comments:

  1. A few years ago, when Buffett bought IBM I said "well, that just proves how smart I am to have long owned far before he ever did". When he quickly reversed and sold at $170/per share or so, I wondered... "What does he know that I don't? "
    I didn't sell.... Big mistake. Now comes HPQ, which I've owned about as long as IBM (think 1985).... what does he know that I don't know?
    Answer to all of the above questions? I know Bupkis! We commoners haven't a prayer when investing compared to folk with serious money.
    You are "laser focused" on dividends? I'm laser focused of P/E ratios. If a company can't earn its dividend.... well, one can only eat one's seed corn so long.
    Thus sayeth the old grouch~

    ReplyDelete
    Replies
    1. Agree 1000%. Never too late to learn from one's "mistakes."

      Delete

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