Harris “Kuppy” Kupperman, chief investment officer of Praetorian Capital, returns to Forward Guidance to explain why he doesn’t think the ongoing turmoil in the regional banking system will have much effect outside on the economy or markets. He explains why he thinks the banking businesses do not make great investments. When Jack Farley asks what he does like, Kuppy’s answer is simple: oil. He explains why he remains exceptionally bullish on “black gold” and also shares a stock which he has invested in: Journey Energy. Lastly, Kuppy shares his “do’s and don’ts” of investing. Filmed the afternoon of March 16, 2023.
Follow Harris “Kuppy” Kupperman on Twitter: https://twitter.com/hkuppy
Kuppy’s Event Driven Monitor (KEDM): https://kedm.com/
Follow Jack Farley on Twitter https://twitter.com/JackFarley96
Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance
Follow Blockworks on Twitter https://twitter.com/Blockworks_
Use code GUIDANCE10 to get 10% off Permissionless 2023 in Austin:
https://blockworks.co/event/permissionless-2023
Research, news, data, governance and models – now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/
____
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter:
https://rb.gy/5weeyw
Market commentary, charts, degen trade ideas, governance updates, token performance, can’t-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: https://rb.gy/feusos
____
Timestamps:
(00:00) Intro
(01:58) The Run on Silicon Valley Bank
(03:49) Will Measures By Fed Treasury & FDIC Be Enough To Prevent Future Panics?
(05:55) Kuppy on Bank Stocks
(10:26) Are Rising Rates Good Or Bad For Banks?
(15:05) Blockworks Research
(16:04) Kuppy Is Very Bullish On Oil
(25:34) Natural Gas
(29:10) Journey Energy
(31:41) How To Value Oil Companies
(36:14) Hedging At Oil Companies
(37:33) Permissionless
(38:36) Kuppy's Shorter-Term Market Views
(44:19) Kuppy's "Dont's" of Investing
(49:55) KEDM
____
Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
