Monday, February 16, 2026

Legacy Fund -- January, 2026, Deposits -- February 7, 2026

Locator: 49930LEGACYFUND.

Link here. 


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Investing Club -- February 7, 2026

Locator: 49926INVESTINGCLUB.

I've never liked the idea of belonging to an investing club. Early on, decades ago when I was just starting out, I though the idea of an investment club was a great idea.

But over time, I learned I was too opinionated to be a good member of such a club. 

But now I have different ideas, thinking about my grandchildren, how I would do it. Obviouslyi they would need to be at least in junior or senior year of high school, and preferably well into college. 

The meetings would last about an hour each week. More often if the members enjoyed the meetings.

They would be set up on the quarter system like Stanford, or the semester system like most other schools.

Initial sessions would be TED talks by each member telling their investment journey -- where they had been, where they are now, and where they are headed.

Probably two TED talks each week.

Once the TED talks had been completed, the one-hour sessions would be divided in half. The first 30 minutes a didactic session on investing, the one that the older granddaughters participated in with their father and with me. 

The second thirty minutes would be on practical matters, making sure members had a checking / savings account, a brokerage account, and a Roth IRA, to get them started. 

The semester would follow that format through to the end.

The second semester, the same group would meet again, same format. I assume the didactic portion would have reached some sort of end and we could now move on to a book club. We would assign two books for the second semester and tackle the books in bite-size bites, a couple chapters at a time. The second thirty minutes again would be dealing with practical matters but now we could get into more specific discussions on investing. 

The key that makes this different than investing clubs of which I am familiar: there would not be a common "pot of money" or a "investment club account" in which folks would buy shares, and members would decide, as a group, which stocks to buy, hold, and sell.

Members would have their own brokerage accounts and manage those accounts themselves, though other members would offer as much or as little advice as an individual member would want. 

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Investing or Trading

By its very name, "an investment club," means that members of the club would concentrate on buying with the intention of holding for a "long" time. "Long time" would mean different things to different folks but since this club would be a by yourself / member of a group, it would be up to the individual member how he/she would define "long." But active trading would be discouraged, I suppose.  

I'm not a member of Jim Cramer's CNBC investment club but I bet it's quite similar. But "knowing" Jim Cramer, it's probably not a lot different than his television program, "Mad Money." 

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Initial Production Data For Wells Coming Off Confidential This Next Week -- February 8, 2026

Locator: 49930WELLS.

  • 41960, conf, Kraken, Charity 3-19-15 1H, 
  • 41500, conf, Enerplus, MHA Memphis 4894 41-34 3BU, McGregory Buttes, 
DateOil RunsMCF Sold
12-20252082415914
11-20252417522130
10-20253069627931
9-20252934824522
8-20251455011624
  • 41962, conf, Kraken, Charity 3-10-15 3H, Boxcar Butte, npd, 
  • 41961, conf, Kraken, Charity 3-10-15 2H, Boxcar Butte, npd, 
  • 41878, conf, Petro-Hunt, State 159-92-36D-24-3H, Cottonwood, npd, 
  • 41963, conf, Kraken, Charity 3-10-15 4H, Boxcar Butte, npd, 
  • 41333, conf, Hess, BW-Stoveland-LE-149-100-1003H-1, Ellsworth,
DateOil RunsMCF Sold
12-20251041325995
11-20251698031170
10-20252098429377
9-20252893147503
8-20251843127511
  • 41816, conf, BR, Rolla 6C, Elidah, npd, 
  • 41353, conf, Hess, GO-Beck Living TR-156-98-2017H-2, Wheelock, 
DateOil RunsMCF Sold
12-20251412718977
11-20251192522025
10-20251833430926
9-20251265037582
8-20251259515290
  • 41240, conf, Hunt, Clearwater 157-90-13-12H-2, Clear Water, 
DateOil RunsMCF Sold
12-2025144102828
11-2025138191408
10-2025128473708
9-2025166826613
8-202551891921
  • 41239, conf, Hunt, Clearwater 157-90-13-12H-1, Clear Water, 
DateOil RunsMCF Sold
12-2025129252963
11-202596461094
10-2025105083136
9-2025126214895
8-202560311866
  • 41005, conf, Hunt, Palermo 156-90-2-31H-2, Ross, 
DateOil RunsMCF Sold
12-2025208064916
11-2025225944565
10-2025252208431
9-2025201156499
8-2025165362614

  • 41815, conf, BR, Rolla 6B, Elidah, npd,
  • 41354, conf, Hess, GO-Dustin Brose-156-98-2932H-3, Wheelock, 
DateOil RunsMCF Sold
12-20251524923787
11-20251404926430
10-20252322039490
9-20251323839948
8-20251976820502

  • 41335, conf, Hess, BW-Stoveland-149-1003H-4, Ellsworth, 
DateOil RunsMCF Sold
12-20251553726635
11-20251664826622
10-20251476219690
9-20252341731912
8-20252644345850

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Sunday, February 15, 2026

February 15, 2026

Locator: 49980ARCHIVES.

Wow, wow, wow.

About a month ago or thereabouts, I started again with a vigorous, eclectic reading program. It is amazing. The first thing I did, was quit watching CNBC. The second thing I did was go off the grid. I kept up with things that interested me by chatting with Google Gemini and ChatGPT but pretty much ignored my most important source of news: x.

I never understood CRISPR but I'll sort that out this week.

I never understood the geography of southeast Asia, particularly Malaysia and Indonesia, but I sorted that out this weekend.

I've always been fascinated by the history of "Old Testament" Israel and have pieced it together this past year by paying attention to "lessons" at church. Today, I found an incredible book on the history of "Old Testament" Israel. That book will become reference book for the rest of my life. The most important thing when learning / teaching history, is to get the scaffolding down. 

For me, this is an example of scaffolding:

  • 2000 BC: Stone Age to Bronze Age
  • 1200 BC: Trojan War; pivot from Bronze Age to Iron Age
  • 1000 BC: tenth century -- Israel's Golden Age; "tribal age" for Athens / Sparta
  • 500 BC: fifth century -- Athens' (Greece's) Golden Age; moving to a democratic state;
  • 0 - 33 AD: life of Jesus Christ
  • 1604 - 1606: Shakespeare's greatest work
  • 1899 - 1906: Joseph Conrad's greatest work
  • 1918: Spanish Flu
  • 1945 - 1946: end of WWII 

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The Book Page

The three books I picked up today: 

  • The Code Breaker: Jennifer Doudna, Gene Editing, and the Future of the Human Race, Walter Isaacson, c. 2021. Notes here.
    • in scientific research the real key is "asking the right question"; and,
    • a lot of luck. 
  • A History of Israel, Third Edition, John Bright, c. 1959, 1972, 1981.
  • Genome: The Autobiography of a Species in 23 Chapters, Matt Ridley, c. 2000. 
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Pebble Beach: Scottie Scheffler -- Win Or Lose -- Still #1 -- Incredible -- February 15, 2026

Locator: 49979GOLF.

With six holes yet to play for one, five players tied at -20. 

Morikawa on the 14th hole just went to -21. 

It's Morikawa's tournament to win but Scheffler -- holy mackerel.  

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Investing

Current portfolio. Never been happier.

Helps to have a 30-year-one-day horizon. 

Most excited about Enbridge right now. Along with AAPL and several AI companies. 

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