#hottakeoftheday

As we expand to topics outside of energy for our Wednesday release, today on the episode I interview Puneet Nanda Aka “Dr Fresh” about his anxiety attack that lead him to sell Dr. Fresh and find yoga. We talk about the health of drinking 3 liters of water a day, meditating and perspiring every day. The quote that changed his life: “The destination is death.” It resonated and is slightly softer than my “we all end up in a pine box, it’s just a question of how and when.”

#hottakeoftheday Episode 65 w/Puneet Nanda

https://youtu.be/qC3UEBrGRd8

 

Audio Podcast

 

About Puneet

Puneet Nanda

Puneet Nanda, aka Dr. Fresh, is a serial entrepreneur, innovator and inventor, writer, and practicing yogi. Founder of Dr. Fresh, Inc., Puneet Nanda grew one of the fastest-growing oral care companies with over 100 employees, and sold it to High Ridge Brands in 2008 due to some serious health concerns that he needed to address. Dr. Fresh owns the proprietary brand, Firefly, which Puneet Nanda invented by placing a flashing light with a timer in a tooth brush to help kids develop good brushing habits at an early age.

After almost a five years sabbatical from work, he re-entered into the health and wellness market with his brand of essential oils, GuruNanda, which promises to bring '100% pure and natural therapeutic grade essential oils' to the masses. Already picked up by large retail stores like Walmart, Walgreens, Big Lots, etc., GuruNanda is now one of the fastest growing non-MLM essential oil companies, competing with large brands like doTerra and Young Living. The company offers fair trade, follows sustainable agricultural practices, and acts as a social entrepreneurship, providing jobs through Nanda's initiative with a global network of farmers from over 17 countries.

 

In March of this year, I was massively struggling to understand what “Flatten the curve” meant.  I turned to my friend Mark Rossano, who amongst other attributes, has a mother who works in the health care field in New York City.  Hospitals were overflowing with people and Mark had positioned his portfolio for the impending collapse.

Flash forward to April, the next time I had Mark in the podcast.  We talked about oil, inventories, the global economy and the challenges he saw coming.  He was long silver, long gold and short oil and refiners. Right again.

It’s nice to chat with data driven, smart people and it’s one of the reasons I love doing the podcast.  This week, I am once again joined by Mark to cover everything: oil, health, the S&P, unemployment, the election, and some predictions for year end.

I like smart people. Mark is very smart.

#hottakeoftheday Episode 64 w/Mark Rossano

https://youtu.be/HSHBMK941pE

 

Audio Podcast

 

About Mark

MARK ROSSANO

FOUNDER AND CEO, C6 Capital Holdings

Mark Rossano is a financial industry veteran and renowned expert on global financial markets and supply-chain analysis.  As Founder and CEO of C6 Capital Holdings LLC, he provides investment and consulting services to clients across multiple sectors with a pronounced focus on global product flows.

Mark’s deep-dive supply chain expertise is in high demand—he serves as a consulting executive to several international businesses, is an equity partner in several others, and is now a frequent contributor to Bloomberg TV after serving as a Bloomberg Energy Industry Analyst.

That expertise and deep-dive knowledge has been crafted over many years in a variety of roles such as Senior Energy Analyst and Macro-Economist positions at Elevation, Candlewood Investment Group, and South Ferry Capital Management, to his formative experiences as a Portfolio Manager at FNY Capital and Morgan Stanley Investment Management, where he managed an eight-person team focused on developing a global trade platform to invest in rates, foreign exchange, commodities, and equities.

EDUCATION

Syracuse University

M.B.A. in Finance, Whitman School of Management

Loyola College in Maryland

B.A. in Economics

 

In April of 2019, Vicki Hollub made a play for Anadarko that was aggressive, bold and totally out of the realm of my imagination that I instantly discovered that she was my favorite CEO. Oil was $72, consolidation needed to happen and everyone else was too afraid to do it.  My entire career was built on data driven, bold risk taking and, for the most part, it had worked out. She had a super fan and she was going to need to consider a restraining order.

Flash forward to today. 17 months later.  Join me as I talk to Vicki about the Anadarko acquisition, what is was like being a woman in the industry in the '80s, how work from home will continue (or not) and what advice would she have given herself as a 20-something-year old.

I hope you enjoy.

#hottakeoftheday Episode 63 w/Vicki Hollub

https://youtu.be/ebt9i1KOZxQ

 

Audio podcast

 

About Vicki

Vicki Hollub

President and Chief Executive Officer

Vicki Hollub is President and Chief Executive Officer of Occidental. She has been a member of Occidental’s Board of Directors since 2015.

During her 35-year career with Occidental, Ms. Hollub has held a variety of management and technical positions with responsibilities on three continents, including roles in the United States, Russia, Venezuela and Ecuador. Most recently, she served as Occidental’s President and Chief Operating Officer, overseeing the company’s oil and gas, chemical and midstream operations.

Ms. Hollub previously was Senior Executive Vice President, Occidental, and President, Oxy Oil and Gas, where she was responsible for operations in the U.S., the Middle East region and Latin America. Prior to that, she held a variety of leadership positions, including Executive Vice President, Occidental, and President, Oxy Oil and Gas, Americas; Vice President, Occidental, and Executive Vice President, U.S. Operations, Oxy Oil and Gas; Executive Vice President, California Operations; and President and General Manager of the company’s Permian Basin operations. Ms. Hollub started her career at Cities Service, which was acquired by Occidental.

Ms. Hollub serves on the boards of the American Petroleum Institute, Khalifa University for Science and Technology in Abu Dhabi, and Lockheed Martin. She is the chair of the U.S. Secretary of Energy Advisory Board and the U.S. chair for the U.S.-Colombia Business Council. Ms. Hollub is also a member of the Oil and Gas Climate Initiative and the World Economic Forum, where she serves on the stewardship board for the Platform for Shaping the Future of Energy and Materials. A graduate of the University of Alabama, Ms. Hollub holds a Bachelor of Science in Mineral Engineering. She was inducted into the University of Alabama College of Engineering 2016 class of Distinguished Engineering Fellows.​

Dialogue

00:00 - 05:00:  Intro & Hurricane Laura, evacuation from Galveston, work from home pros, cons and impact on company culture

05:00 - 10:00:  Women, diversity and inclusion in the workplace, past, present and future shaping the culture

10:00 - 20:00:  Family, career and the workplace, Millennials, Executive compensation, and leadership

20:00 - 32:00:  The acquisition

 

#DRWforColorado2022

This week I am joined on the #htotdpodcast by Danielle DiMartino Booth.  Former investment banker, Dallas Federal Reserve Advisor, Author of “Fed Up” and financial expert and commentator on economic trends, Danielle provides context to federal action, what’s going on in the economy and educates on the perils of the path we are taking.

I was a fan before. I’m a bigger fan now. I hope you enjoy the conversation as much as I did.

 

#hottakeoftheday Episode 62 w/Danielle DiMartino Booth

https://youtu.be/A0YrzIRFCzg

 

Audio podcast

 

About Danielle

Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm.

Financial expert Danielle DiMartino Booth poses for a portrait, Thursday, July 19, 2018 in uptown Dallas.

DiMartino Booth set out to launch a #ResearchRevolution, redefining how markets intelligence is conceived and delivered with the goal of not only guiding portfolio managers, but promoting financial literacy. To build QI, she brought together a core team of investing veterans to analyze the trends and provide critical analysis on what is driving the markets – both in the United States and globally.

Since inception, commentary and data from DiMartino Booth’s The Daily Feather have appeared in other financial sources such as Bloomberg, CNBC, Fox Business, Institutional Investor, Yahoo Finance, The Wall Street Journal, MarketWatch, Seeking Alpha, TD Ameritrade, TheStreet.com, and more.

A global thought leader on monetary policy, economics and finance, DiMartino Booth founded Quill Intelligence in 2018.  She is the author of FED UP: An Insider’s Take on Why the Federal Reserve is Bad for America (Portfolio, Feb 2017), a full-time columnist for Bloomberg View, a business speaker, and a commentator frequently featured on CNBC, Bloomberg, Fox News, Fox Business News, BNN Bloomberg, Yahoo Finance and other major media outlets.

Prior to Quill, DiMartino Booth spent nine years at the Federal Reserve Bank of Dallas where she served as Advisor to President Richard W. Fisher throughout the financial crisis until his retirement in March 2015. Her work at the Fed focused on financial stability and the efficacy of unconventional monetary policy.

DiMartino Booth began her career in New York at Credit Suisse and Donaldson, Lufkin & Jenrette where she worked in the fixed income, public equity, and private equity markets. DiMartino Booth earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.

 

Dialogue

00:00 - 05:00:  Intro & background, Twitter, Housing Crisis prediction, Wall Street greed, "Equities in Dallas", Journalism, Federal Reserve

05:00 - 10:30:  Journalism & Reporting, Donald Trump, Credit Markets, Issuance shutdown

10:30 - 17:30:  Halloween 2018 and Corporate Bond Market, QE & dollar funding, inflation, COVID and credit cycle

17:30 - 27:00:  Initial Jobless claims,

Ever since getting on LinkedIn, I have advocated that having “seeking employment” in the header isn’t a good idea. I’ve also been advocating that connecting to someone only to send them a note 30 seconds later with a compelling business opportunity will have a very low hit rate. Most importantly, I’ve advocated that content, something that people read, think about, engage with or laugh at that is consistent with your brand and your image, is a good start. Doing so for months may not lead to customers today, but it will lead to customers over time.

Today on the podcast we have Joshua Lock, someone who did just that. I don’t remember the first post of his I saw, but I liked it (genuinely). It was thoughtful, it was data-driven, and it made me pause for 10 seconds and think about it. 4 months later, when I wanted to do a show about growing a presence and talk about the Federal Reserve before our show with Danielle DiMartino Booth this week, I reached out to Josh.

LinkedIn is an exceptional tool in part because there are non-anonymous accounts and because there are less users than Facebook and Twitter, so it is easier to stand out. I encourage people to think about their personal brand and portray it in content, not connections. I think you’ll be pleasantly surprised at the results.

#hottakeoftheday episode 61 w/Joshua Lock

https://youtu.be/7DBuaewFYEw

Audio podcast

 

DOW/Gold Ratio Chart

 

About Josh

Joshua Lock

Josh is an authentic communicator, an experienced energy and data professional, and lifelong learner and pursuer of truth—wherever it leads.  He attended the University of Arkansas, is a long-time Oklahoman, and is deeply passionate about economics, capital markets, monetary policy, and sound money. His spare time is spent reading, spending time with his wife and two (soon three) children, backpacking/mountaineering, and mountain biking.

 

 

 

 

 

This week we spend some time on things I don’t understand, which in this case is bitcoin.  We visit with Tom Masiero and Rete Browning of Great American Mining and go through what it is, why it is, how to get it, how it works and.... then we go over what it is again.

#hottakeoftheday podcast Episode 60 w/Great American Mining

https://youtu.be/JbvfdD-I2J4

 

Audio Podcast

 

About Great American Mining

Great American Mining focuses on building and operating modular autonomous Bitcoin mining farms.  We create highly profitable alternative digital pipelines for O&G producers by turning waste or trapped gas into Bitcoin.

Tom Masiero

Founding Partner of Great American Mining

 

 

Rete Browning 

Engineering Director of Great American Mining

 

Great American Mining unit on a well pad.

https://youtu.be/-HqFLf1-C5w

 

 

 

 

 

I’m not allowed to have favorite episodes and honestly, each one is pretty different. But my interview with Bud Isaacs is certainly one of my favorites. Mines grad, Vietnam vet, a career in oil and gas, lover of the outdoors, and most recently advocate for the water shed on the western slope. The co-authored book- “Oil and Water” is a fascinating dive into the world of water and what keeps 40 million Americans hydrated from the Colorado River.

Water is THE crisis of the next 50 years and the book is a pretty powerful introduction to the concepts and thoughts around how society gets its water.

Oh yeah, and he, his wife and most of his direct family had COVID in a February. Lots of learnings, insights and just a wonderfully enjoyable day for me to spend with Bud at his house.

#hottakeoftheday podcast Episode 59 w/Bud Isaacs

https://youtu.be/bsH5CDLiyOs

 

Audio Podcast

 

About Bud

Vernon A. (Bud) Isaacs

Mr. Vernon A. (Bud) Isaacs, Jr. graduated from the Colorado School of Mines in 1964 with a Professional Degree in Petroleum Engineering. Upon commissioning as a Second Lieutenant, Mr. Isaacs served in the U.S. Army Corps of Engineers, including combat operations in Vietnam with 1st Brigade, 101st Airborne Division, receiving a number of Vietnamese combat ribbons, the Combat Infantry Badge, Silver Star, Bronze Star with Valor, and a Purple Heart for wounds suffered during combat.

Following military service, Mr. Isaacs emerged as an industry leader in petroleum engineering. He held positions with Coquina Oil Corporation, Union Oil Company, and CALCO in drilling and production engineering as well as planning and property valuation. Mr. Isaacs joined Petrol-Lewis Corporation in 1976 and accepted a promotion to Senior Vice President of the corporation in 1981. In 1985, he founded V.A. Isaacs and Associates, Inc. to advise companies in the purchase and sale of oil and gas properties, and in 1989, established RIM Companies, a private oil and gas property management firm with production operations across the continental United States.

Mr. Isaacs contributes significantly to the community as both a leader and volunteer, serving as the Director of Enduring Resources, LLC; a member and former distinguished lecturer of the Society of Petroleum Engineers; and previously as an Executive Board Member of the Independent Petroleum Association of Mountain States and Chairman of the Coalbed Methane Committee. He is a current member and past President of the Denver Chapter of the Society of Petroleum Evaluation Engineers. Mr. Isaacs has been an active volunteer of Boy Scouts of America and currently serves on its Executive Board. In addition, he is on the Board of Trustees for Denver Inner City Parish, the Development Board for Uplift, and serves as a Trustee for Alliance for Choice in Education. Formerly, he served on the Board of the Winter Olympics Committee, Ski Club Vail, and demonstrated enduring support for the Colorado School of Mines as the Chair of the Reunion Gift Committee and a member of the Student Recreation Center and Marquez Hall Campaign Committees.

 

Today, I am joined by Harris Kupperman, hedge fund manager and author of the newsletter “Adventures in Capitalism”.  And boy.... are they adventures. Tesla? Home builders? Sectors we both wish we’d never heard of and tankers.  Plus - what advice he’d give himself after graduating with a history degree. If you liked the Josh Young and Billy Bailey episodes, you aren’t going to want to miss this one.

#hottakeoftheday podcast Episode 58 w/Harris Kupperman

https://youtu.be/fK6Bhur9gBI

 

Audio Podcast

 

About Kuppy

Harris Kupperman is the founder of Praetorian Capital, a hedge fund focused on using macro trends to guide stock selection.  Mr. Kupperman is also the chief adventurer at http://AdventuresInCapitalism.com, a website that details his investments and travels.  Additionally, Mr. Kupperman is the Chairman and CEO of publicly traded Mongolia Growth Group (YAK: Canada and MNGGF: USA).

 

Dialogue

00:00 – 05:00:  Intro, Josh Young, running a long/short hedge fund, focus on sectors undergoing dynamic change & inflection, micro & macro investing trends, social media, Twitter hack and Jack Dorsey

05:00 – 12:30:  Growth vs Value investing, Tesla valuation, longs vs shorts, "Project Zimbabwe", structural deficit problems, politics, money printing, volatility and trends

12:30 – 22:00:  Adventures in Capitalism, financial history and cycles, pets.com, WeWork, cash flow and earnings, avoid the ponzis

22:00 – 40:00:  Housing and trends in identifying undervalued stocks, the lumber trade, the oil and gas trade, tankers, the supply/demand imbalance

40:00 – 47:00:  Passive investments and ETF's vs active investing

47:00 – 59:00:  Lessons learned, avoiding mining, systemic fraud and the regulatory environment

 

 

Today we go offshore to talk to Tim Duncan, the President and CEO of Talos Energy.  We start in 2018 with their takeover of Stone, fly back in time to the beginning of Private Equity, to learning as part of a group before leading a team, and end in 2020 with a talk on the opportunities for Talos, Mexico, North America, the Gulf, and what advice he’d give himself in 2003.

#hottakeoftheday podcast #57 w/Tim Duncan, Talos Energy

https://youtu.be/vsXGdhLujkY

Audio Podcast

 

About Tim Duncan

Timothy S. Duncan

Talos Energy Inc.

President and CEO

Talos Energy Inc Corporate offices in downtown Houston, TX. Photos by David Duncan Photography

Tim Duncan is the President and CEO and a founder of Talos Energy Inc. Headquartered in Houston, Texas, Talos is engaged in the acquisition, exploration, development and production of oil and natural gas in the Gulf of Mexico, including the US Gulf of Mexico deepwater and shelf as well as shallow water offshore Mexico. Talos became a public company in May 2018 following its merger with Stone Energy, transitioning from a private company formed in March 2012 with initial funding commitments of up to $600 million of private equity from Apollo Global Management, LLC and Riverstone Holdings LLC. Talos is the third company built with private equity capital with his partners over the last twenty years. Since inception, Talos has grown from 5 original employees to over 425 employees with approximately 150 MMBOE of Proved reserves and 70 MBOEPD of net production by the end of the 1Q 2019. In 2013, Talos was named by the Houston Chronicle as the #1 Top Workplace in the Houston area for companies under 150 employees and has maintained a position on the list of Top Workplaces for the last seven years. In June 2016, Mr. Duncan was named as the EY Entrepreneur of the Year for the Energy & Energy Services sector in the Gulf Coast area.

Mr. Duncan earned a BS in Petroleum Engineering from Mississippi State University, where he was honored in 2012 as a Distinguished Fellow of the College of Engineering. He subsequently earned an MBA from the Bauer Executive Program at the University of Houston. He is an active member of the SPE, IPAA, NOIA, YPO, and the Houston Chapter of CEO’s Against Cancer. Mr. Duncan also serves on various academically focused boards including the College of Engineering Dean’s Advisory Council and the Foundation Board at Mississippi State University.

 

Tim's Top 10 Book List

Or, "10 Books in addition to The Moral Case for Fossil Fuels by Alex Epstein", because that is a must read ~

* The Prize – Daniel Yergin

* The Black Swan – Nassim Nicholas Tabib

* The Rational Optimist – Matt Ri...

Earlier this month, DRW was the featured webinar presenter for the Denver Association of Petroleum Landmen (DAPL), a non-profit organization of professional Landmen and other land-related persons that gather to increase their professional development.  The webinar - MBA 101 - discussed the four things you would learn in an MBA: Strategy, Finance, Teamwork and Business Plans.

DRW on the DAPL Webinar

https://youtu.be/Dzxu7OWW-yw

 

Audio Podcast