Rainmann wrote: »
Just thought i'd post my portfilio. It might be considered higher risk by some, but I am looking at the current situation as an oppertunity to take advantage of industires that will come back, provided the world doesn't end
What I like.
Oil + Gas. I think oil will return and I am focused on low dept, low break even per barrell, good cash levels + Potential upside. Some oil companies will go out of business, less supply once corona passes etc.
Aviation. Mainly Airports, very hard for Airport to go out of business, they have a natural MOAT & are usally expensive, Easyjet as they are in a decent financial position, a lot of cash, low interest rates (insolvent by market) so big upside potential.
Tech - Great compaines.
Berkshire - Undervalued, seen as boring but buying like an ETF without the negative tax implications of an ETF (In Ireland).
This is a 2-5 year play. Any thoughts are appreciated.
Falcon Minerals Corp
Gazprom (Aware of Politics)
ESJ (Possible Split)
Jim2007 wrote: »
Pure speculation, it might do really well or it might wipe you out. And certainly not the way to go to achieve something say early retirement etc...
Oh and that moat thingy... hilarious.
Rainmann wrote: »
I've done quite a bit of research on downside in different senarios. Risk reward is really appealling. It's 2-5 years play so would be more interested in people doing something similar rather than people investing in bonds and ETF's, cheers though.
Sorolla wrote: »
Oil is a very bad investment at the moment.
The best you can hope for is a “turnaround” where an oil company leads the way in “decarbonisation” and basically reinvent itself.
Maybe BP can do this?
A lot of ETFs and insurance companies are not investing in oil companies under the aspect of the environment damage they do.
As I mentioned above if you choose the correct turnaround candidate you might make money - otherwise avoid oil