4 ms·
I kind of hate the oil industry because of damage to the world. I own an electric car. Even with those feelings, it's also very clear we'll continue to have mas
by Latteland 8y ago
I kind of hate the oil industry because of damage to the world. I own an electric car. Even with those feelings, it's also very clear we'll continue to have massive profits for this industry during the next few decades. At least 5-10 years of current sized profits - because it will take a long time to make enough cheap evs and build infrastructure.
Maybe not at that massive valuation of 2T though.
- beambot 8y agoDo you own any index funds (most of which have oil holdings)?
- Latteland 8y agoI'm sure I do own some index funds that own big oil. I can still dislike the practices of a company that I own some of. I don't always have the possibility of constructing my own index funds separate from the opportunities that my company 401k offers.