The MacroTourist

The MacroTourist

Bat Shit Crazy

Kevin Muir's avatar
Kevin Muir
Jan 25, 2016
∙ Paid
http://themacrotourist.com/images/MikeTysonJan2516.png

Remember how energy dominant countries’ sovereign wealth funds (SWF) were being saved for when the oil ran out?

And the oil would not run out for quite a while, so these funds were justified venturing out the risk curve. If you don’t have to sell for another twenty or thirty years, what’s the point in sitting in riskless treasuries yielding almost nothin…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2026 Kevin Muir · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture