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Business, Economics, and Taxes 2: That's Why We Fight to Take the Means Back

Doing a little quick math, it looks like the investment was made in WTI, not Brent (unless they got a killer discount). The chart for WTI is almost identical, just 4-5% lower on price.

They bought in at $91.66 which means that investment has already yielded $12 million. If Goldman Sachs estimates are correct, in the next week they're looking at another $60 million or so.

I'm old enough to remember Hillary getting raked over the coals because she turned a $20,000 investment in cattle futures into $100,000...
 
Doing a little quick math, it looks like the investment was made in WTI, not Brent (unless they got a killer discount). The chart for WTI is almost identical, just 4-5% lower on price.

They bought in at $91.66 which means that investment has already yielded $12 million. If Goldman Sachs estimates are correct, in the next week they're looking at another $60 million or so.

I'm old enough to remember Hillary getting raked over the coals because she turned a $20,000 investment in cattle futures into $100,000...
As am I.
 
AI researcher resigns from Anthropic, gives stark warning

iu
 
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