You can listen to a professional narration of this article below: When should you not buy commodity stocks? When you feel like you must own them. I remember when investors felt they must own oil stocks, when oil prices shot past $100 per barrel and everyone was convinced they were going to $200. Today oil stocks are universally hated, and arguably for the right reasons – the future is knocking on our door and it has electric, not gasoline, vehicles in it.
Equinor: A Good Oil Crisis is Never Wasted
Equinor: A Good Oil Crisis is Never Wasted
Equinor: A Good Oil Crisis is Never Wasted
You can listen to a professional narration of this article below: When should you not buy commodity stocks? When you feel like you must own them. I remember when investors felt they must own oil stocks, when oil prices shot past $100 per barrel and everyone was convinced they were going to $200. Today oil stocks are universally hated, and arguably for the right reasons – the future is knocking on our door and it has electric, not gasoline, vehicles in it.