The Compound and Friends The Energy Bull Market Just Started
21 snips
Jun 10, 2022 Simon Lack, founder of SL Advisors, shares his expertise on energy infrastructure and hedge funds. He dives into the volatility of the energy market, discussing how rising gas prices are impacting consumers differently. Lack offers insights into the performance of commodities amid inflation and tackles the complexities of hedge fund investing post-2008. The conversation also ventures into the geopolitical landscape, highlighting the implications of recent events on energy prices, while critiquing ESG investing and addressing future industry challenges.
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Jet Ski Papers
- Michael Batnick shares an anecdote about almost getting a ticket on his jet ski.
- He realized he left the required papers on the dock after waving at the bay constable.
Hedge Fund Interest
- Simon Lack explains his early interest in hedge funds stemmed from observing their profitability in FX trading in the early 90s.
- This led to the creation of an investment portfolio in hedge funds using proprietary capital.
Hedge Fund Mirage
- Simon Lack points out that while hedge fund returns look good initially, the average dollar invested in hedge funds has yielded zero return.
- This is due to early investors making significant profits before the industry grew too large and returns diminished.
