Morgan Creek CEO Mark Yusko's Top Stock Picks

The video discusses the current state of airline earnings, highlighting the advantages of older airlines in a $50 oil environment. It then shifts to energy companies in the Permian Basin, emphasizing technological advancements that have increased production efficiency. The discussion moves to the steel industry, noting the impact of tariffs and geopolitical factors. The video concludes with political commentary on globalization and the potential for a third-party candidate in elections.

What is the main advantage of older airlines in a $50 oil environment?

• They have newer planes.

• They don't have depreciation charges.

• They have lower fuel costs.

• They have higher ticket prices.

What is unique about the Permian Basin's production?

• It requires more rigs for production.

• It has the highest oil prices.

• It achieves more production with fewer rigs.

• It is the largest oil field in the world.

Which company is highlighted as a favorite in the Permian Basin?

• ExxonMobil

• RSP Permian

• BP

• Chevron

What factor is considered beneficial for the steel industry's profit margins?

• Increased globalization

• Higher steel production costs

• Tariffs on imported steel

• Lower demand for steel

What broader theme is discussed in relation to the steel industry?

• Global warming

• Reversal from globalization

• Technological advancements

• Increased competition