At The Prudent Speculator, we often remind ourselves—and our readers—that “we reserve the right to get smarter.” That mindset fuels our ongoing commitment to research, whether it’s combing through company filings, earnings call transcripts, or the latest economic data.
While each member of our team is a generalist by design, we believe there’s tremendous value in periodically diving deeper into specific topics or industries in search of greater clarity and meaningful insight. One week that might mean reading a dense white paper on nuclear energy; the next, listening to a nuanced discussion on global trade policy or supply chain dynamics.
In that spirit, we regularly curate and share a selection of these materials—not because they reflect our current investment themes necessarily, but because they sharpen our thinking and broaden our perspective. We trust they’ll add value for you as well.
NVIDIA CEO Jensen Huang on the future of A.I.
We liked an interview with Nvidia CEO Jensen Huang, where he discussed the evolution of some of Nvidia’s GPUs and where things could be headed for the technology and Artificial Intelligence. Listen to Mr. Huang discuss the ramp of computational scale and how the software defined nature of 5G radio lends itself becoming more efficient through neural network computation.
Decoupling from Oil!?
We also enjoyed a 95-minute video introduction to one of the world’s most consequential commodities. The video offers a sweeping overview of the oil industry—from its geological origins and chemical composition to the technologies, like fracking and horizontal drilling, that have revolutionized supply.
It explores the vast infrastructure required to move oil around the world, the strategic role of petroleum reserves, and the boom-bust nature of oil markets, including the unprecedented plunge into negative prices during 2020. Layered atop this are oil’s environmental and geopolitical consequences, all framed within a historical narrative that traces the industry’s evolution from Rockefeller to OPEC.
A Lifelong Commitment to Learning
Our pursuit of global investment knowledge is a continuous journey—one that strengthens our investment process and deepens our understanding of an ever-changing world. By staying curious and open to new information, we aim to make better decisions for our portfolios and for our clients. We hope these curated insights not only inform but also inspire your own exploration. After all, getting smarter is a shared endeavor.
