Is Oil and Gas Risky?

In this episode of The Investor's Guide to Joy, host Paul Graham sits down with Rey Treviño III, a seasoned professional in the oil and gas industry. They delve into the intricacies of investing in this sector, emphasizing the vital role of relationships and trust in achieving successful passive investments. Rey shares his insights on the investor mindset, highlighting how open communication and comfort are essential in building confidence among potential investors. He also provides valuable advice on evaluating operators' track records and understanding the complexities of oil and gas projects, empowering listeners to make informed decisions.

The conversation takes a personal turn as Paul reflects on his shift from focusing solely on net worth to prioritizing joy and fulfillment in life. Rey discusses the evolving definition of success and underscores the importance of enjoying the journey while pursuing achievements. He emphasizes the value of hard work and passion, asserting that loving what you do transforms the investment experience into something truly rewarding. With a focus on perspective, connection, and joy, this episode encourages listeners to navigate their investment journeys with intention and care.

Highlights of the Podcast

00:34 - Guest Introduction

01:30 - Rey’s Take on Communication

03:50 - Paul’s Journey

06:40 - Mindset of Investors

11:44 - Understanding Oil and Gas Investments

12:58 - Project Success

14:57 - Control in Investments

17:47 - Communication with Investors

19:51 - Emotional Responsibility

21:40 - Daily Commitment

26:16 - Defining Success

27:41 - Prayer and Guidance