Prepare Yourselves... 2026 AEs

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05-09-2026 | 05:59 PM

#971

Gunfighter

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Quote:

Originally Posted by Trip7

No, that's 4 months until global operation floor level is reached. At that point we would enter a GLOBAL DEPRESSION. Now we are talking 1929 territory, which would make the 70s Oil Embargo look like child's play.

So we should be all cash instead of paying off our mortgage? How are you positioning your portfolio for the impending doom?

05-09-2026 | 06:15 PM

#972

Trip7

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Quote:

Originally Posted by AverageGPA

So what was your point in posting that tweet?

We are all well aware than failing to open the Strait until September would be catastrophic.

The point was this energy crisis is going to be worse than the 70s Oil Embargo. US Diesel and Jet fuel inventories are already cooked and at least 12 months to stabilize IF the Hormuz is opened right now.

05-09-2026 | 06:19 PM

#973

Planetrain

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Just an observation:
Buffet bought a ton of Occidental Petroleum about a year or two before this crisis in the Middle East hit.
rn BRK has the highest cash position they’ve ever had.
Anyone feel like Greg Abel has Biff’s sports almanac?

05-09-2026 | 06:31 PM

#974

Gunfighter

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Quote:

Originally Posted by Planetrain

I hope so, I've been betting on him for a while. The biggest drawdown in BRK history was during the 70's oil crisis. Their cash position at the time was 5%, now they have 30%. Perhaps it was a lesson learned and now they are planning a shopping spree.

05-09-2026 | 06:40 PM

#975

Trip7

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Quote:

Originally Posted by Planetrain

Buffet is a value investor. Couple years ago energy stocks were hated and the market discarded the sector to the point valuations dropped to absolutely nonsensical levels while AI/Tech stocks climbed to nonsensical levels. One sector had a huge margin or safety the other had none. The Energy crisis simply accelerated the Bull and Bear thesis for each

05-10-2026 | 06:29 AM

#976

theUpsideDown

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Quote:

Originally Posted by AverageGPA

You people love your fear porn, context and rationality be damned.

Fear
Uncertainty
Doubt
FUD. Theres never a shortage of it, which means we can solve our energy crisis if we ever learn to burn it.

05-10-2026 | 06:57 AM

#977

Hotel Kilo

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Quote:

Originally Posted by Trip7

Quoted for posterity.

This is not the same petro resource landscape as the 70's Trip.

Now if you said something like "OPEC will fragmented and gone by 2030" - that would be more believable.