Hosted by: Laura Hawley Special guest: Peter Ricchiuti

Host
Laura Hawley – CFP®, President at Allen & Company

Co-Host:
Steve McTaggert – Vice-President of Investments / Financial Advisor at Allen & Company

Guest:
Peter Ricchiuti (Ri-Chooty) – Founder & Director of Research for the Freeman School of Business, Tulane University.

Laura Hawley and special guest Peter Ricchiuti discuss the topics of oil prices, the breakdown in oil prices, why the demand of oil prices has dropped off, oil market volatility, alternative fuels, investment opportunities, the investment side of pawn shops, and much more

In this episode we cover:

• Supply and demand in oil and gas industry (1:50)
• Stock market and how it relates to the oil industry (1:15)
• Oil market volatility and market predictions (2:20)
• The difference between the nervous investor and the patient investor (4:40)
• Having patience in the Stock Market (5:50)
• What’s really happening in the southern oil patch (8:10) (11:25)
• Peter Ricchiuti discuses the Burkenroad Reports (10:00) (22:40)
• Oil profitability and the price at which oil needs to be to be profitable (11:53)(14:45)
• Alternative fuels as a resource other than oil (12:45)
• Are electric cars an ideal future? (12:55)
• The future of wind power and storage grids (13:30)
• Solar power panels and how it affects the oil industry (13:30)
• Oil prices and how they affect the consumer (14:29)
• What causes the oil market fluctuation (14:43)
• When and IF the oil industry will ever rebound. (17:49)
• Interest rates and how they affect you (21:55)
• The investment side of Cash America Pawn (25:29)
• The investment side and liquid assets of pawn shops (26:00)

Links From the Show:

• Burkenroad Reports
• Chevron
• Exxon Mobile
• Freeman School of Business
• Howard Marks
• Jazzfest
• Lakeland Area Chamber of Commerce
• Mario Dabelli
• Melbourne Chamber of Commerce
• Oak Tree Capital
• Omaha Nebraska
• Pawn Stars
• Superior Uniform Group
• Tesla Motors
• Tulane University
• Tulane University Football
• Warren Buffett / Berkshire Hathaway
• Wharton Business School

Books Mentioned in this Show:

• Stocks Under Rocks: How to Uncover Overlooked, Profitable Market Opportunities by Peter F Ricchiuti — Read More

Tweetable Topics:

The person that is the smartest person in the room is the one that can understand it at such a level that they can explain it to anyone. – Peter Ricchiuti, Founder & Director of Research for the Freeman School of Business, Tulane University.

If you follow the crowd you’re never really going to make a lot of money. – Peter Ricchiuti, Founder & Director of Research for the Freeman School of Business, Tulane University.

When it comes to investing turn off the noise, and think longer term. – Laura Hawley, CFP®, Senior Vice President at Allen & Company.

Common denominator of Successful investors is that they buy good stocks and good funds, at attractive prices and hold on to them. – Peter Ricchiuti, Founder & Director of Research for the Freeman School of Business, Tulane University.

We like to see management owning a lot of stock. We like to  see that they’re staying up late at night to see how to get their company in better shape. – Peter Ricchiuti, Founder & Director of Research for the Freeman School of Business, Tulane University.

Market downturn doesn’t bother us it’s an opportunity to increase our ownership of great companies with great management for good prices. – Warren Buffet, CEO of Berkshire Hathaway

Connect with:

Peter Ricchiuti (Ri-Chooty) – Founder & Director of Research for the Freeman School of Business, Tulane University.
APBSpeakers.com – Peter Ricchiuti
Business.Tulane.Edu – Petter Ricchuiti
LinkedIn – Peter Ricchuiti
PeterRicchiuti.com

Steve McTaggert – Vice-President of Investments/Financial Advisor at Allen & Company
Allen & Company – Steve McTaggert