ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

ajtj99

To: jpdunwell who wrote (62754)	6/15/2022 11:48:18 AM
From: Sun Tzu	1 Recommendation Read Replies (4) of 97495

If big oil is not willing to invest even in countries that don't have a strict ESG policy, then they are implicitly saying their industry is a dying one and all their complaints about ESG is BS. This is a perspective that I believe they all secretly share. BP just made a big investment in green energy and they intend to go green. The rest of them plan to pay out big divs and milk what they have already for as long as they can. But they know they are going to go the way of cigaret industry. Exxon's plan was to have the same strategy that as Phillip Morris had. PM made the choice back in the late '80s and early '90s to be the lowest cost producer of a dying industry. And they are still around they still did financially well, even though most people stopped smoking and the industry as whole went down. XOM wanted to do the same, but Blackrock told them that is too risky of a strategy. There is always the movie trailer, and then there is the movie. The two are rarely the same.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next