Energy: Is This a Good Time to Buy Into the Beaten-Up Brazilian Oil?
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 3 June 2016
⏱️ 19 minutes
🧾️ Download transcript
Summary
Tune in to hear why Petrobras and Vale, two Brazilian energy companies that seem to be bottoming out, might not be worth the potential upside amidst seemingly endless corruption scandals.
Also, our analysts look at the most important points from OPEC’s meeting this week, and why 2015 clocked the lowest level of oil finds we’ve seen in six decades.
Transcript
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| 0:00.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
| 0:09.6 | Today is Thursday, June 2nd, 2016, so we're talking about energy materials and |
| 0:14.0 | industrial I'm joined today by Motley Full analyst and Fool Canada head Taylor |
| 0:18.0 | Markman who happens to be a Mongolian food connoisseur yes it's been a while but it's one of my favorites. So before we started here you're telling me about your it was a recent trip or no |
| 0:28.9 | regular thing with you? Well we were talking about Mongolia and I was like have you ever had Mongolian food and I got the thinking it's been a long time since I've had it and it's delicious. |
| 0:38.0 | What so there's a dude with sticks and stuff like what are they I don't know how traditional it is, but I've been to several Mongolian quotes. |
| 0:47.4 | No, D.C. North Carolina. |
| 0:49.4 | Okay. |
| 0:50.4 | All right. |
| 0:51.4 | Silver or Bethesda, there's a one in Bethesda and basically you just you get all your |
| 0:55.9 | ingredients in a bowl they have it it's like a Chipotle line you were saying |
| 0:59.1 | well in terms of the ingredients laid out but there's no one back there serving you you just go up you fill up a bowl with all these ingredients raw meats vegetables sauces and then they have a humongous hot stone kind of like the table we're at right now. I don't know what would you |
| 1:14.6 | say this is like three and a half feet across three and a half feet across and it's this is a |
| 1:19.4 | three and a half foot circular table for sitting at folks. It looks like the first wheel ever created. It's just this huge |
| 1:24.0 | stone piping hot and yeah he's got like two glorified chopsticks that are like |
| 1:29.6 | three feet long. Are they and they dump it all they dump all your food onto the the stone and |
| 1:34.2 | he just he's tossing around with these sticks for like a minute and then cooking and |
| 1:38.9 | then he did with one with one swift movement swipes all your food into a new bowl. |
| 1:44.0 | And you sit down and you enjoy your meal. |
| 1:46.0 | It's fantastic. |
| 1:47.0 | All right, I guess I know what I'm doing this weekend. |
| 1:50.0 | All right, so moving on to more serious matters. First up, before we right off the back here. |
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