Kenneth Heebner of CGM Funds apparently really likes Brazilian oil producer Petrobras (PBR), and he's bullish on the economy of Brazil in general. The Fortune article I highlighted earlier mentioned Heebner is a fanatical researcher, that's on display in these videos.
Note: I believe there is an error in the CNBC video. CNBC displays the chart of PZE, which subsequently rose 15% today. But PZE is a subsidiary of Petrobras, and I believe it is focused on Petrobras' Argentina properties. PBR is the right symbol for Petrobras, and it is the symbol that Bloomberg uses.
CNBC: Focusing on Return$.
Bloomberg: Kenneth Heebner.
P.S. As mentioned before, I own Petrobras.
Speculations on oil, peak oil theory, energy in general, and the investment implications.
About Me
Labels
- Arjun Murti (2)
- Bill Miller (1)
- Boone Pickens (20)
- Canadian oil sands (7)
- Charles Maxwell (5)
- Charles Munger (1)
- Charles Nenner (3)
- Chesapeake Energy (5)
- CIBC (1)
- Clarium (1)
- economy (2)
- Exxon (1)
- global cooling (5)
- Goldman Sachs (3)
- hedge funds (4)
- housing (10)
- Iran (2)
- Iraq (3)
- Jim Rogers (4)
- Kenneth Deffeyes (1)
- Kenneth Heebner (5)
- Kurt Wulff (1)
- mathew simmons (1)
- Matthew Simmons (5)
- natural gas (14)
- oil (39)
- OPEC (1)
- peak oil (9)
- Peter Thiel (3)
- recession (3)
- Russia (8)
- Saudi Arabia (3)
- solar activity (5)
- speculation (1)
- stock market (4)
- sun spots (6)
- Suncor (3)
- super spike (2)
- technical analysis (1)
- Warren Buffett (6)
- winter (5)