Tangential issue - what if AI isn’t really cutting white collar jobs but really is exposing poor work ethic and a lack of analytical/problem solving skills - and mangers are making poor choices in who to cut? The characteristic is the same as jobs are cut but the fix to the problem is not addressed. The trades are a little different tte work product is more visible and more black and white - correct/incirrect - Hugh quality/ low quality..
Big short. While he was right the govt bailouts neutralized the impact
The tariff payout is basically a tax refund when scotus declares the tariffs illegal
What I think on AI is that you'll still need that lawyers validation of the AI contract. The jobs lost are the paralegals and staff.
Just as in healthcare we will still need doctors. It's the coders and transposing jobs that are gone
As far as devaluation yeah my advisor has been moving me into gold and other precious metals.
Not sure what the 50 year mortgage does. Unless there's some big tax advantage, why not rent. Leave the maintenance and wear and tear on the property to the owner?
Civi plus SM = $8B in debt. At less than $60 oil this is difficult. Civi’s Colorado assets are commercial at this price ut there Delaware is ugly. SM will net around $45/ for their UNITA oil and they very little running room in the Midland.
Just saying, it will not be easy for this Smashco.
Agree. I firmly believe the oil price rebounds in 2026 as a supply crash occurs globally. Obviously - if that doesn’t happen …. Major major issues for the CO.
Depends on my liquidity at the time. 80%+ of my portfolio is in private assets/deals. The stock bond portfolio is pretty much as deployed as I get. Lots of treasuries. If the market were to crash 30% I would fully deploy the dry powder. Otherwise - I sell covered calls every month to turn the portfolio into an income producing one.
Bingo! Doomberg has penned several great essays with these topics. You’re NOT WRONG! and neither are those of us who agree with you.
Tangential issue - what if AI isn’t really cutting white collar jobs but really is exposing poor work ethic and a lack of analytical/problem solving skills - and mangers are making poor choices in who to cut? The characteristic is the same as jobs are cut but the fix to the problem is not addressed. The trades are a little different tte work product is more visible and more black and white - correct/incirrect - Hugh quality/ low quality..
Big short. While he was right the govt bailouts neutralized the impact
The tariff payout is basically a tax refund when scotus declares the tariffs illegal
What I think on AI is that you'll still need that lawyers validation of the AI contract. The jobs lost are the paralegals and staff.
Just as in healthcare we will still need doctors. It's the coders and transposing jobs that are gone
As far as devaluation yeah my advisor has been moving me into gold and other precious metals.
Not sure what the 50 year mortgage does. Unless there's some big tax advantage, why not rent. Leave the maintenance and wear and tear on the property to the owner?
David,
Civi plus SM = $8B in debt. At less than $60 oil this is difficult. Civi’s Colorado assets are commercial at this price ut there Delaware is ugly. SM will net around $45/ for their UNITA oil and they very little running room in the Midland.
Just saying, it will not be easy for this Smashco.
Matt
Agree. I firmly believe the oil price rebounds in 2026 as a supply crash occurs globally. Obviously - if that doesn’t happen …. Major major issues for the CO.
Depends on my liquidity at the time. 80%+ of my portfolio is in private assets/deals. The stock bond portfolio is pretty much as deployed as I get. Lots of treasuries. If the market were to crash 30% I would fully deploy the dry powder. Otherwise - I sell covered calls every month to turn the portfolio into an income producing one.