T. Boone Pickens on America's energy

There was a lot of discussion yesterday about the "Pickens Plan" for America's energy future, as noted energy investor T. Boone Pickens launched a media campaign to call attention to his energy plan.

That discussion is still going strong in today's news. So we're going to include some video highlights from Boone's July 8 appearance on CNBC, in which he outlined his plan to supply more of our country's energy needs through wind power, natural gas, and solar energy. To find more videos from that CNBC appearance, see this link.

Now there's another great video with Boone that I wanted to highlight, and it's one that we posted in our May 9 "Features" post.

Here's video of T. Boone Pickens speaking earlier this spring at the Milken Institute Global Conference.

This is a great hour-long Bloomberg video clip in which Boone talks with interviewer Brian Sullivan about his business failures and successes, and his thoughts on energy prices and energy policy. He also uses this appearance to sketch the outline for his now-public "Pickens Plan".

While I certainly don't agree with everything Pickens says, advocates, or does with regards to energy policy and his related business ventures, there are a few reasons why I'd point to this Milken Conference video as highly recommended viewing material.

You may not agree with his energy plan, but you'll probably learn a few things about energy, trading & investing, and business by watching this clip and learning from Boone's experience.

Check it out, and enjoy.

Finance Trends 2019 Mid-Year Markets Review

Email subscribers of the Finance Trends Newsletter receive the first look at new articles and market updates, such as the following piece, sent out to our email list on Sunday (6/14). Hello and welcome, everyone! If you received our last email notice over the July 4th holiday, you'll know that this weekend's newsletter will serve as a mid-year market update and a follow-up to issue #29, " How to Reinvest in a Rising Market ". Ladies and gentlemen, without further ado, let's start the show... Finance Trends Newsletter: Our Mid-Year Market Review When we last spoke, back in February, the U.S. stock market was rallying off its December-January lows. As the S&P 500 and Nasdaq reclaimed their 200 day moving averages in February and March, it became increasingly apparent that a lot of retail investors (and perhaps some institutional investors) were left under-invested while watching this recovery move from the sidelines. The U.S. stock ...

Round trip stocks: momentum booms and busts

" No tree grows to Heaven ." - Old proverb adopted by Wall Street. What happens to hot momentum stocks when their rocket fuel runs out? How long can they continue to fly before they come crashing back down to earth? Why is the stock that you paid $100 a share for now trading at $39? These are questions that many novice traders and investors may be struggling with in the wake of the most recent market correction. Momentum stocks have been hit hard as the Nasdaq 100 and Russell 2000 indices have moved lower in recent weeks. Caught unaware by the recent slide, some traders may be wondering when their beaten-down stocks will snap back and allow them to exit with smaller losses (or even reach the mythical "break even" point). While growth stocks still firmly within their uptrends may form constructive technical bases and move higher after this correction, others may experience sharper pullbacks or break down into full "stage 4" declines (see chart below...

How to "Pull the Trigger" on Your Trading Ideas

In our last post, I quoted hedge fund manager, Jim Leitner on the importance of following up on your investment ideas. Today I'd like to follow up and share some thoughts on how you can learn to consistently "pull the trigger" on your best trading setups and investing ideas. In order to help you do that, we'll take from the best and offer up key insights from interviews with top traders and trading psychologists like Alan Farley, Brett Steenbarger, and Doug Hirschhorn . Now before we get to their key insights on overcoming trading anxiety and pulling the trigger on your trading ideas, let's remember what Jim Leitner said in his interview: "Learn to love to listen to people and when you hear something interesting, follow up on it. Don't just think, "Well that's an interesting idea" only to find out a year later that the company you could've bought shares in is now up 500-fold. You never want to say woulda, coulda, shoulda...

Finance Trends Letter

Search This Blog