The Fed Hasn’t Broken Anything Yet | Harris Kupperman

Harris “Kuppy” Kupperman, chief investment officer of Praetorian Capital, returns to Forward Guidance to explain why he doesn’t think the ongoing turmoil in the regional banking system will have much effect outside on the economy or markets. He explains why he thinks the banking businesses do not make great investments. When Jack Farley asks what he does like, Kuppy’s answer is simple: oil. He explains why he remains exceptionally bullish on “black gold” and also shares a stock which he has invested in: Journey Energy. Lastly, Kuppy shares his “do’s and don’ts” of investing. Filmed the afternoon of March 16, 2023.

Follow Harris “Kuppy” Kupperman on Twitter: https://twitter.com/hkuppy
Kuppy’s Event Driven Monitor (KEDM): https://kedm.com/
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Timestamps:
00:00 Intro
01:58 The Run on Silicon Valley Bank
03:49 Will Measures By Fed Treasury & FDIC Be Enough To Prevent Future Panics?
05:55 Kuppy on Bank Stocks
10:26 Are Rising Rates Good Or Bad For Banks?
15:05 Blockworks Research
16:04 Kuppy Is Very Bullish On Oil
25:34 Natural Gas
29:10 Journey Energy
31:41 How To Value Oil Companies
36:14 Hedging At Oil Companies
37:33 Permissionless
38:36 Kuppy's Shorter-Term Market Views
44:19 Kuppy's "Dont's" of Investing
49:55 KEDM
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.