Hedge Fund Sees 31% Gain From Oil-Stock Bet Before Prices Surged
Original Report
Old West Investment Management went all in on energy stocks when oil was trading around $60 a barrel, Nicolás Maduro was still president of Venezuela and the prospect of a Middle East conflict that...
Old West Investment Management went all in on energy stocks when oil was trading around $60 a barrel, Nicolás Maduro was still president of Venezuela and the prospect of a Middle East conflict that would send the world into a crisis was still only a distant worst-case scenario.
Glass House Analysis
Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
World faces gas supply cliff edge as Gulf’s final LNG shipments approach ports
Carriers that departed from the Middle East before Iran’s missile attacks began are due to arrive in the next 10 days
Reading Socrates in Silicon Valley
Self-proclaimed stoics who denounce self-examination only prove the bankruptcy of the tech bro worldview
Global carmakers retreat en masse from electric vehicle plans
Rolls-Royce is latest of more than a dozen groups to change course as demand for petrol engines persists
AI hallucinations haunt users more than job losses
Anthropic’s survey of 80,000 Claude users provides detailed snapshot of how people are using technology