Strathcona, under Waterous, is making its next big bet—they don’t buy into the mainstream narrative of “peak oil demand” at all.
While others are rushing to sell off Canadian oil sands assets, they’re doing the opposite, aggressively acquiring distressed assets shunned by the market. Is this contrarian move a stroke of genius in value investing, or a risky gamble against the tide of the times? The market will soon give us the answer.
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PrivacyMaximalist
· 12-11 23:41
Ha, another one daring to bet against the trend. Let's see how long they can last.
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BrokeBeans
· 12-11 15:18
Haha, going all-in in reverse, huh? That takes real guts. Others run, they charge forward. Is it divine prediction or just betting their pants on it? We'll see in the next few years.
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TokenStorm
· 12-11 13:33
Counter-cyclical bottom-fishing in oil sands? Is this guy really willing to bet, or did he not properly calculate the risk factor before going against the overall trend?
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RektRecorder
· 12-09 19:14
Going against the trend to bottom fish in oil sands takes real guts—either you'll become a legend or blow up completely.
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BearMarketSurvivor
· 12-09 19:14
There’s nothing inherently wrong with taking a contrarian position, but the key issue is how long the supply line can hold out. Historically, such bets have sometimes paid off and sometimes led to heavy losses... Let’s look at the data before making a decision.
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NoStopLossNut
· 12-09 19:14
Yeah, I like this move—buying the dip while everyone else is panicking. Let's see what kind of wave it can turn up.
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GateUser-7b078580
· 12-09 19:10
The data shows that this move carries an extremely high risk factor, buying distressed assets at historical lows... However, contrarian thinking can sometimes earn troublesome money. Let's wait and see the subsequent data.
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LoneValidator
· 12-09 19:00
Going against the trend to bottom fish in oil sands—does this guy really have guts or is he just a big gambler? This will be interesting to watch.
Strathcona, under Waterous, is making its next big bet—they don’t buy into the mainstream narrative of “peak oil demand” at all.
While others are rushing to sell off Canadian oil sands assets, they’re doing the opposite, aggressively acquiring distressed assets shunned by the market. Is this contrarian move a stroke of genius in value investing, or a risky gamble against the tide of the times? The market will soon give us the answer.