AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
TIP468: Why Buffett is Investing in Oil Companies W/ Josh Young
We Study Billionaires - The Investor’s Podcast Network
Oil Volatility
The oil market is still very poorly understood, and in the current environment, it mayme in much higher average prices. There was no indication of spare capacity in the ramco bond prospectus. The whole industry has grown so reliant on these being this sort of super spikes that there's going to be a lot of reorganization needs to happen. And only really, historically, happens from really high or low prices for a while before we get back into a more stabilized period.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode