Apple vs. Exxon Mobil

Posted on 18 CommentsPosted in General Thoughts, Industry-Oil

I read an article last week by Scott Fearon, who wrote the excellent book Dead Companies Walking (a good book about shorting stocks, which can benefit investors even if they don’t short stocks). The article basically posed a hypothetical question on whether Apple was a better investment than Exxon Mobil. Fearon goes on to explain why he thinks XOM is a better bet than AAPL over the long-term. His points: Apple is a consumer products company with the majority of revenues coming […]

Lessons Learned from A History of Oil

Posted on 21 CommentsPosted in General Thoughts, Industry-Oil, Macro

Since oil prices were in the headlines yesterday after an 8% fall, I thought it might be a good time to comment on something I’ve been working my way through while putting in the miles after a day of looking for bargains. I’m about halfway through the excellent series of podcast called “A History of Oil”. It’s an outstanding series that starts by introducing George Henry Bissell—the father of the oil industry—who in 1853 began experimenting with “rock oil” that […]