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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (44757)	11/24/2021 5:12:47 PM
From: ajtj99	Read Replies (1) \| Respond to of 97450

We always bought Ford Econoline 1-Ton vans back then. I understand the business you had, as we took new vans and immediately had them beefed up. We'd add extra leaf springs, put the protective cage behind the drivers seat so cargo wouldn't smash the driver, and we sometimes even had metal skid plates welded to the floor so pallets could slide in and out easier without damaging the floor. We could haul as much as 8,000-lbs in those vans once we added the leaf springs. We also used heavier tires on them to handle those loads.

To: robert b furman who wrote (44757)	11/24/2021 5:13:16 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 97450

In the medium term you are right, but in the long term no. Owning oil stocks is like owning big tobacco back in the '80s. You know they will go away. Still, they are making money and they will last longer than people think. But eventually the Russian roulette will fire. You have to walk a tightrope between risks and rewards. I am saying this not based on some left wing theory or some SWAG. My thinking is based on how Engine1 convinced Blackstone to vote their way. Blackstone is in it for the money and they know their stuff. You have a competitive advantage based on your geography and business experience. You can do very well with the oil, provided that you act based on current facts rather than hypothesis about the future.