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Petrobras - Political Risk and Opportunity
While I can't tell you exactly what Lula will do, I can tell you Petrobras shares trade at massive discounts to global peers and have offered large historical yields
Newsletter
Ecopetrol - Long thesis and summary of changes under Petro government
A small bet on one of Latin America's primary diesel exporters became my largest position due to a huge "political risk" sell off
Newsletter
Espey Manufacturing - Why I'm Long
A sum of the parts analysis of a tiny defense company in Saratoga Springs, NY which trades at a historically cheap valuation
Newsletter
Living in Panama, an example with two budgets
Comparing living on $1000/mo with living on $5000/mo in the Chiriqui highlands of Western Panama
Newsletter
How will Europe fare this winter?
Some concrete data to help quantify just how much the European economy may get hit this winter, along with current projections
Newsletter
Shipping & Commodities ERs, Week Ending 8/5
A number of earnings results expected from shipping and integrated oil and gas companies. Here's what I'll be paying attention to.
Newsletter
Becoming an expat: the incentives, the realities. A good/bad/ugly list with a focus on Panama.
A short post on why I moved to Panama, what has worked out, and what hasn't
Newsletter
Petrobras fuel pricing policy
My take on what it means
Newsletter
Q2 earnings kicking off this week for Energy and Shipping Companies
Many product tankers and integrated oil and gas companies are packing their results into next week. They really want to tell us how much money they've made!
Newsletter
Mass protests hit Panama
The Panamerican highway has been blocked for two weeks. The situation is rapidly deteriorating.
Newsletter
Five Toronto traded, debt free oil producers compared
In past oil cycles, what destroyed capital was excessive debt and high cost growth combined with falling commodity prices. We can't control the price of oil, but we can invest in low leverage!
Newsletter
Market has turned bearish on energy, but making profits doesn't require higher stock prices
A second look at TransGlobe Energy and the options strategy I'm using to lower risk and boost returns
Newsletter
Market is delusional - but energy dividends will be very real
How I'm thinking about the current energy sell off
Newsletter
Last chance to sign up for Marhelm shipping information service at existing price
Existing rate of $999/yr will increase to $2499/yr at midnight on June 30th, 2022
Newsletter
Demand destruction! Oil stocks crashing! Is it like 2008?
A look at Canadian firm Transglobe Energy, how it fared in the 2008 financial crisis and recession, and how it compares to today