CXO - Opportunity In Natural Gas & Natural Gas Equities Is Worth The Wait
"A 60:40 allocation to passive long-only equities and bonds has been a great proposition for the last 35 years …We are profoundly worried that this could be a risky allocation over the next 10."
Sanford C. Bernstein & Company Analysts (January 2017)
“Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria”
Sir John Templeton
“Life and investing are long ballgames.”
Julian Robertson
(Author's Photo)
Introduction
Almost a decade ago in December of 2009, Exxon Mobil (XOM), which has a well earned reputation as a long-term thinker