After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments cover image

055: Why I Bought Prosus and Naspers + Alibaba Charlie Munger Update + Ring Energy Update

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

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The Business and the Price

The price of oil and gas in 20 20, ther kind of mixed together price is like 37 or, excuse me, 36 dollars a barrel of oil equivalent. Price of oil is 80 dollars. It's not the 38 or forty or whatever it it was in 20 20 that that s c c pricing is based on. And i'm going to king of try to figure out what their current reserves would be factoring the quantity of the reserves. So t those are my emotions. Those are the life decisions, now that i've put them on the table, and i've stated them, i'm able to think more clearly about the business decisions.

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