“Things” Are Moving Way Too Fast — November 27, 2023

Locator: 46194TECH.

Late night reading. Very, very interesting.

• A mutual fund (e.g., BRK) doesn’t need a hoard of cash. But tech companies do.
• More on this tomorrow. 

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Other Headlines

Dead: small modular new reactors. Will die on the vine for the same reasons most EV start-ups won't survive. Peter Zeihan.

Falling: Micron.

Amazon: palm reading. Remember Jason Bourne?

Amazon: record-breaking sales in 11-day stretch leading up to and including Black Friday.

Burned out?  How to cancel digital subscriptions.

Burning out? ONE cutting 25% of its workforce. A lot packed into that short article.

Supply chain issues? Lego. Link here. This is amazing considering we’re already in a recession (Charlie Munger). I do not ever recall seeing so many Lego sets on backorder. Including the new $629.99 (no typo) Eiffel Tower. The good news: free shipping. And no sales tax if you live in Montana. Will ship by December 11, 2023. The Hogwarts Express is already back to $499.99 after dropping to $399.99 during the Black Friday promotion.Yes, on back order.

Promising: dividends in 2024 — Barron’s.

Energy: anticipate stellar performance in 2024 — Barron’s. This article was posted several months ago.

Renewable energy: investing rout this past year is causing a panic. FT. Link here.

Record: Americans flying.

Delfin Project: update.

Rivian: can it survive five more years?

Boeing: more room to run. Barron's: says another 25%.

UK wind: link here.

Fisker -- November 27, 2023

Locator: 46193EVS.

Story here.

Memo To Self: We Need A Post On Non-Apple Companies Selling Apple iPhones -- November 27, 2023

Locator: 46192APPLE.

If you know, you know.

I'll update this post later.

But now? It's Monday Night Football. Having said that, I don't know how Troy Aikman can stand working with Joe Buck. That's all I have to say about that.

This One Is Still A Work In Progress, But For Those Who Know The Bakken, Know -- November 27, 2023

Locator: 46191B.

I'll complete this post later. Family commitments. LOL. No! It's Monday Night Football. [Later: wow, what a game.]

A year ago:

Eight new permits, #39351 - #39358, inclusive:

• Operators: CLR (4); MRO (4)
• Fields: Dollar Joe (Williams); Killdeer (Dunn)
• Comments:
• CLR has permits for two Clyde Hauge wells, NWNW 13-155-97, 
• to be sited 324 FNL and at 322 FWWL and 412 FWL
• CLR has permits for two Vance wells, NENE 14-155-97, t
• o be sited 305 FNL and at 517 FWL and 562 FWL
• MRO has permits for four wells, a Knox, a Guy Carlson, a Hadley and a Kye, SENW 6-145-94; 
• to be sited between 1496 FNL and 1510 FNL and between 1566 FWL and 1685 FWL

Today: 

Four producing wells (DUCs) reported as completed:

• 39353, 3,481, MRO, Knox 24-31TFH,
• 39355, 2,382, MRO, Hadley 34-31TFH,
• 39356, 3,304, MRO, Kye 44-31H,
• 39181, 4,193, MRO, Jack 44-31TFH,

Well of interest:

• 16759, 415, MRO, Grant Carlson 24-13H, Killdeer, t4/08; cum 554K 9/23;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	9-2023	29	16290	16285	26860	18801	18446	302
BAKKEN	8-2023	31	18838	18826	47819	16966	16890	28
BAKKEN	7-2023	30	14774	14856	54683	13983	13834	103
BAKKEN	6-2023	15	14144	13964	48646	12861	12291	528
BAKKEN	5-2023	0	0	0	0	0	0	0
BAKKEN	4-2023	0	0	0	0	0	0	0
BAKKEN	3-2023	6	119	254	41	366	319	22
BAKKEN	2-2023	28	1137	1150	473	2704	2270	177
BAKKEN	1-2023	31	1399	1398	632	3315	2796	227

 The maps:

How Good A Day Did The World's Biggest Toy Company Do On Black Friday - Cyber Monday? November 27, 2023

Locator: 46190LEGO.

It's only Monday, and still a few hours left for Cyber Monday, but this sort of tells the whole story:

No discounts on these sets and yet both are on backorder. 

Not even Christmas and Duplo train sets for the younger kids no longer available at the Lego site.

Amazing.