Our take on the investing, financial, & economic themes of the day

Just Oil: EOG Resources, Inc.

28 May, 2015 by Paul Devine in Commentary
EOG Resources, Inc., is among the five stocks included in the Energy industry sector on our Most Favored Issues List (“MFIL”), the roster of stocks from which we form the portfolios of new clients. Most of the other Energy stocks on the MFIL are household names: everyone knows ExxonMobil and ... read more...

Wise Words from Charlie Munger

1 April, 2015 by Ben O'Brien in Commentary
(Source: Charlie Munger is Warren Buffet’s right hand man, the vice chairman of Berkshire Hathaway. He is widely followed by investors for is wide-ranging and often contrarian insights on business and life. Munger wears many hats, and one of his less known roles is his position ... read more...

Could the Plunge in Oil Prices Benefit Exxon?

3 February, 2015 by Ben O'Brien in Commentary
For the last few year’s the multinational oil and gas giant Exxon’s inability to capitalize on the shale drilling boom looked like a boneheaded failure. The company was going to every corner of the world, the Arctic and the bottom of the sea to find oil, while largely missing out on ... read more...

Reaction to Falling Oil Prices

5 December, 2014 by Mark O'Brien in Commentary
The price of oil has collapsed from about $106 a barrel at the start of the third quarter to about $65.50 a barrel today.  That’s a big move.  Were prices to stay down, the consequences could be equally big. Junk bond funds probably have the most exposure, at least in the short term.  As much ... read more...

Barron’s: Schlumberger Profits Should Gush

18 August, 2014 by Ben O'Brien in Commentary, Large Cap Stocks
Over the weekend the cover story of Barron’s enthusiastically endorsed one of our core energy holdings, the oilfield services giant Schlumberger (SLB). The long article profiles the company’s CEO and talks about Schlumberger’s impressive moves to take advantage of the U.S. ... read more...