The Kyle Bass Interviews - If We Don't Get it Right, the Consequences are Dire
Real Vision: Finance & Investing
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Hydrocarbons
I think this is the golden age for investing in hydrocarbons because I think there's a general reluctance to do it. Energy companies trading at four and a half times, next 12 months, cash flow is extraordinary. Wind and solar may be the cheapest cost of capital on the planet today. And so the question is, is interest rates start to back up? You know, even low cost capital has to move with interest rates, right? If you're borrowing 2.5% and your cost of equity is 6.5%, and really if you financing something at 3.3 to 3.25%. That's something that people are thinking about very intelligently.
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