By Paul Sankey
Published on June 10, 2022 at 9:50 AM
January 6th 2021, my personal story, or how the best call of my career cost me a lifetime fortune. DINO, how HollyFrontier won a lifetime fortune Starting with DINO, we had “me old mucker” Rich Voliva, CFO on Strategy Session last evening. He has always been impressive, and we had to laugh about him writing a searing indictment of US ethanol policy, as part of our sellside refining team at Deutsche Bank, when it was […]
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By Paul Sankey
Published on January 7, 2021 at 8:23 AM
We always thought that Donald Trump would be massively disruptive, but that the genius US government system would survive the test, and boy did we get that in spades! The “Duck Dynasty Coup” was very reminiscent of the “They will Bomb Iran!” counter-question, which was “What will they do on Day 2?” It was always a brilliant counterpoint to a syndrome that horribly played out in Iraq. While George W Bush declared “Mission Accomplished”, there […]
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By Paul Sankey
Published on November 17, 2020 at 8:44 AM
Deciding what the rumour has priced into the market price, then watching the actual news hit, always tends to be a surprise, in that the market ripped yesterday on a second vaccine announcement from Moderna, even though it felt like vaccine news was all whispered all over the market just prior to the election, so prior to both announcements. As with these markets, you buy the rumour and buy the news, (you don’t fight the […]
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