$XOM
Exxon Mobil4/10Does he own it?
XOM only appears inside baskets of energy/value tickers in macro commentary. He mentions hedging with oil and defense broadly, but never names XOM as a specific position, gives no weight, and makes no first-person buy/hold/add statement about it. The generic oil hedge reference is too vague to count as XOM ownership.
His thesis
He frames XOM as a beneficiary of two macro themes: Middle East conflict (Israel-Iran strikes) driving oil/energy higher, and a higher-for-longer rate environment favoring cash-flow-rich value/cyclical names. He notes energy was already up sharply YTD and largely front-run by institutions, cautioning that rotating into oil at all-time highs may be late. Treats XOM as a representative energy/value ticker rather than a researched single-name pick.
How his view evolved
Starts citing XOM as an immediate oil beneficiary of Iran strikes, then warns the energy rally is already front-run and chasing highs may be a mistake, later listing it again as a rate-driven value winner.
Key points
- Listed as an oil/energy beneficiary of Israel-Iran conflict
- Cautions energy already rallied 20%+ and was front-run by institutions
- Cited as a value/cyclical winner if rates stay high
Derived from a holistic read of his public posts — paraphrased, never quoted. See his actual posts about $XOM on X ↗