The Oil Master Looks to the Future

Published on: March 19th, 2021

Raoul Pal sits down with legendary oil trader and hedge fund manager Pierre Andurand, CIO of Andurand Capital, for the next installment of “Investor Masterclass.” In this episode, Raoul and Pierre explore how Pierre’s investing career captured the biggest oil moves in the last 20 years and how the combination of timing, luck, skill, tenacity to learn, and an ability to adapt new information contributed to that success. Andurand breaks down his investment framework, rules for position sizing and risk management, how he adapts his strategy in an ever-changing world, and how he is positioning his fund for a future that looks quite different than the past. He also reveals his biggest investment theme for the next 10 years—the clean energy transition and EU ETS carbon emissions credits. To get a complete picture of Pierre’s framework, please use the cliff notes below alongside the actual interview: http://rvtv.io/AndurandInterview

Comments

  • FT
    Fabian T.
    27 March 2021 @ 11:09
    Thank you for this summary, I really enjoyed it !
  • DJ
    Dennis J.
    20 March 2021 @ 20:43
    Is KRBN a good proxy for EU ETS?
    • GS
      George S. | Real Vision
      22 March 2021 @ 12:43
      That's what some other members were saying. Seems to be, but don't take my word for it.
    • EW
      Ellie W.
      25 March 2021 @ 21:16
      Thats what Raoul has said in one of his interviews. However i believe this gives exposure to the world carbon ETF market not EU specific
  • MR
    Madhur R.
    19 March 2021 @ 19:17
    Great interview and fantastic compilation of notes!!!