#121

Greetings & welcome back to the rose bros podcast.
This episode we are joined by Eric Nuttall - partner and senior portfolio manager with Ninepoint Partners and the Ninepoint Energy Fund.

The Ninepoint Energy Fund is Canada's largest energy fund with ~$1.9 billion under management, primarily invested in Canadian mid-cap energy companies.
Eric's views on energy are frequently sought after by BNN Bloomberg, CNBC, The Globe and Mail, The National Post, and other media organizations.
Eric graduated with High Honours from Carleton University with an Honours Bachelor of International Business.
Among other things we discussed $100 oil, dividends vs. share buybacks, the importance of trust when investing & why Efficient Market Theory is wrong.
Enjoy.
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[@Bugnetblue]

Excellent chat. Thank you. And thank you for backing the Delta Stream acquisition by Tamarack. My biggest oil holding and I buy more every time I can an reinvest their dividends. I do believe that company is destined for greatness.😊

[@trevor_rose]

Thanks for listening

[@sagdjim]

I like Eric's market assessment, there's a lot of common sense.

[@trevor_rose]

Thanks for listening

[@joeyf6133]

The 3 lessons sprott taught Eric are beyond valuable I suggest all to find that video.

[@trevor_rose]

th-cam.com/video/qaWe0HqBds8/w-d-xo.html&ab_channel=rosebros

[@CeleronS1]

Thank you for ultra quality content! ❤

[@trevor_rose]

Thanks for listening

[@joecox9544]

Ninepoint's largest holding is MEG.
Guy is impressive.

[@Timothy_Pitt]

Thanks
Why is that the case, that he has chosen MEG to be the biggest?

[@scottmanTube]

You asked some excellent questions. Thanks for this.

[@trevor_rose]

Thanks for listening

[@hume1234561]

I love how Mr Nuttall is able to parse the nonsense from the substantial. In a financial crisis where bank customers are moving their money out of banks and into money market funds, bank equities were performing better than energy.
When faced with high oil prices in 2011 and no readily available supply. The U.S. threw $300bn at the shale revolution to produce more oil. I wonder how much they'll spend this time once shale taps out?

[@sagdjim]

I agree, especially after Biden has raided the SPR reserve many times for his political purposes. If you travel the world, you'll see oil moves everything, from trucking to planes to trains.

[@trevorlally7860]

They will buy Canadian oil sands and fields

[@joeyf6133]

That move this week w no retest of the lows is so bullish

[@schoowoolovesbooboo2170]

Financial advisor here been supporting nuttal since the launch of 006, and will continue to do so for decades, so Eric if you read this; I need you to scrap any retirement plans you had, cuz I'm putting my kids money with you too!

[@trevor_rose]

Thanks for listening & the great feedback

[@michaels4255]

Eric Nuttall=Doomberg???