"Profitability and returning cash to shareholders have finally gained the upper hand over volume growth for the sake of volume growth." The companies I am involved with seem to be focused on returning cash and avoiding production growth, so glad to hear this seems to be generally the case.
During the huge run up in late 2022, several people were telling me to take what I had off the table and wait out the coming rate hike cycle. Because I'm a glutton for punishment I told them I was going to tough it out, after all, who needs a peaceful, stable, life anyway?
LOL. yes, riding the ups and downs is always stomach churning in energy! In all seriousness, such a big change in financial approach of sector. Doesn't offset negative EPS revisions in the short term, but will be rewarded in the long run in my view.
"Profitability and returning cash to shareholders have finally gained the upper hand over volume growth for the sake of volume growth." The companies I am involved with seem to be focused on returning cash and avoiding production growth, so glad to hear this seems to be generally the case.
During the huge run up in late 2022, several people were telling me to take what I had off the table and wait out the coming rate hike cycle. Because I'm a glutton for punishment I told them I was going to tough it out, after all, who needs a peaceful, stable, life anyway?
LOL. yes, riding the ups and downs is always stomach churning in energy! In all seriousness, such a big change in financial approach of sector. Doesn't offset negative EPS revisions in the short term, but will be rewarded in the long run in my view.
TY for the shout out my friend!
I am also working on my short game and have been working with a new swing coach all winter. Cant wait to see what fruit it bears this season!
Lets get out for a round this year!
Hello Rob,
You material is absolutely first rate and we reference it all the time.
J from Toronto