This morning I found myself in an odd position — hating the crap I bought yesterday and loving a brand new genre of stock. This might’ve happened to you before. For me, I had to deal with a slew of illiquid death traps and it took time to extricate myself from them — trying to sell while also not completely raping myself. I managed out and got into and back into the oil trade — a trade I am most comfortable in with WTI north of $75.
Very soon, you will see oil rigs popping up in your neighborhoods, as people lease their lands to profit from the black gold. Teslas and EV cars will only contribute to the desperate situation municipal power grids find themselves in and West Virginian coal will thrive again.
There are many ways to skin this cat — but I can tell you none are better than horizontal frackers. As the price of WTI edge lords towards $100, fracking men will make fortunes and the share prices of fracking men will thrive. As such, I’ve positioned myself in a pastiche of these names and stand before you green, up 30bps or so, wanting more, effervescently and energetically leaning back into the market with full vigor in an effort to collect more meaningless fiat.
NOTE: I will be updating my Quant inside Stocklabs today. Here is the YTD performance of this once per month updated portfolio.
