Or, as Charlie Munger wryly put it, “We found some things we preferred owning to treasury bills.”
A most excellent article! Thank you.
We agree hydrocarbons will be used for years to come in greater quantities than the crowd tends to think. But the eventual reign of wind and solar is far less certain due to their pathetic return on energy employed.
A most excellent article! Thank you.
We agree hydrocarbons will be used for years to come in greater quantities than the crowd tends to think. But the eventual reign of wind and solar is far less certain due to their pathetic return on energy employed.