The Macro Book: BUY When There's Blood In The Streets Pt. 1
Where Macro Meet Markets
The old adage of “buy when there’s blood in the streets” comes from a contriarian POV to buy amid turmoil and seemingly unrelenting selling.
This energy producer represents 2% of global oil reserves and is quickly gaining a more regional presence in Europe.
The company has been absolutely shalacked, which I think makes a nice entry point while paying shareholders a sizable dividend.
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