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Robert Armstrong

πŸ‘€ Speaker
732 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
Is Imperialism Good for Your Portfolio?

And it doesn't seem like that is a good signal.

Prof G Markets
Is Imperialism Good for Your Portfolio?

I mean, I would likeβ€”I'm basically trying to come up with a reason as to why, if you had no care in the world about morality or ethics, why it would still be a bad idea to go in and steal things.

Prof G Markets
Is Imperialism Good for Your Portfolio?

That's what I'm trying to do.

Prof G Markets
Is Imperialism Good for Your Portfolio?

That's what we're here to do.

Prof G Markets
Is Imperialism Good for Your Portfolio?

Just to sort of zero in on the natural resources question, because that has been interesting to watch that play out in the markets, where it seems... It's so funny.

Prof G Markets
Is Imperialism Good for Your Portfolio?

Wall Street seems to react almost in step with the way I react.

Prof G Markets
Is Imperialism Good for Your Portfolio?

It's sort of like, oh my gosh, there's oil in Venezuela.

Prof G Markets
Is Imperialism Good for Your Portfolio?

Bye.

Prof G Markets
Is Imperialism Good for Your Portfolio?

Oh, but wait...

Prof G Markets
Is Imperialism Good for Your Portfolio?

It's going to take 10 years and cost $100 billion to get the oil out of the ground.

Prof G Markets
Is Imperialism Good for Your Portfolio?

So, and that is kind of what's happened here.

Prof G Markets
Is Imperialism Good for Your Portfolio?

And so the reason, I mean, I think a big question that people are trying to think about with this question is like, why?

Prof G Markets
Is Imperialism Good for Your Portfolio?

what are the main reasons that we are invading?

Prof G Markets
Is Imperialism Good for Your Portfolio?

Is it a geopolitical question?

Prof G Markets
Is Imperialism Good for Your Portfolio?

Is it about Maduro and is it about socialism?

Prof G Markets
Is Imperialism Good for Your Portfolio?

Or is it about the oil in the ground and the idea that we can take that?

Prof G Markets
Is Imperialism Good for Your Portfolio?

Or is it about China and trying to keep them out of the picture?

Prof G Markets
Is Imperialism Good for Your Portfolio?

Greenland, it's a similar thing happening.

Prof G Markets
Is Imperialism Good for Your Portfolio?

There's sort of a geopolitical strategic incentive to have that land.

Prof G Markets
Is Imperialism Good for Your Portfolio?

But then also they've got all of these rare earth elements