XSTAR Fund Management

03/18/2025

Four years ago, we celebrated reaching the exciting milestone of $10 million in net assets (NAV). Today, amid challenging and uncertain times, it's a welcome moment to pause and celebrate the 8th anniversary of opening our first brokerage account!

* Achieved long-term target returns (blue line) relative to the S&P 500 Index Total Return
* Grew net assets (blue bars) from $1.7 million to $40 million
* Generated approximately $28 million in profits
* Raised $11.7 million of net capital (comprising $16.7 million contributions and $5 million distributions)

We're grateful for the trust, support, and dedication from our partners and team members. Here's to navigating challenges together and celebrating more milestones ahead!

06/02/2022

Bank of America CEO shared his views on the U.S. economy. We also believe that things will be normalized sooner or later as supply constraints are resolved gradually and businesses adjust to new prices and wages. A severe recession is still possible but it is much less likely than many people fear.

of America CEO Brian Moynihan spoke with with Yahoo Finance Editor-at-Large Brian Sozzi a...

02/22/2022

We invested heavily in oil & gas producers in early 2020 when oil prices were negative! Now oil prices are approaching $100 and those investments have been paying off nicely. We still recommend significant exposure to oil & gas, which hedges against an escalation of Russia-Ukraine conflict.

According to Bank of America, a further escalation of the Russia-Ukraine crisis could add another $20 to oil prices

02/09/2022

Forecasts have consistently underestimated weekly draws in crude oil inventories since the start of this year.

02/06/2022

Interesting report on chip shortage in critical industries like autos, healthcare/medical, and mobile/networks. The Semiconductor Industry Association forecasted large capital expenditure over $150 billion in 2022 (on top of almost $150 billion in 2021). However, the current shortage will not improve until the second half of 2022 when some manufacturing facilities start to come online.

OVERVIEW Over the past year, the Biden Administration has worked with the private sector to understand and address the global shortage of semiconductors. These computer chips are essential building blocks for an increasing number of products, from your cell phone and your car to other critical goods...

01/03/2022

An in-depth analysis on Vipshop, a Chinese online discount retailer

Often considered the online TJX of China, Vipshop (“VIPS”) is the leading online discount retailer of apparel, cosmetics, and home goods products in Mainland China. The company boasts a growing ecosystem of 44M quarterly active customers, more than 20K brand partners and almost 200B of annual Gr...

11/07/2021

A very interesting video by Goehring and Rozencwajg. They presented an alternative method to measure to the effectiveness of energy production: Energy Return on Energy Invested (EROEI). They suggested that nuclear energy, not wind turbines, should be the future of energy production.
https://youtu.be/Jz75yScqPpQ

09/13/2021

A good article explaining government influence on tech companies in China.

A blog about markets, finance and all things money related.

09/04/2021

When pension funds and state governments have to invest in the stock market with borrowed money, the next market crash will be much more damaging.

State and local governments have borrowed about $10 billion so far this year, using the proceeds from pension obligation bonds to cover payments to retired city and school employees.

08/29/2021

Some interest facts about Magnolia (NYSE: MGY):
* Ratio of CEO to median employee comps was 1.5 to 1 (yes, it's a decimal, not 15:1). By comparison, it was 184:1 for Chevron.
* Q2-2021 free cash flow (FCF) was $134 million, representing an annualized FCF yield of 15% even with an expected 6-9% production growth in 2021.
* Both CEO and the company are actively buying shares.

Company website: https://www.magnoliaoilgas.com/

Our analysis: https://xstarfm.com/magnolia-oil-gas-investment-thesis/

Magnolia Oil & Gas is an independent oil producer with assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. Our objective is to maximize shareholder returns by generating steady production growth, strong pre-tax margins, and significant free cash flow.

08/27/2021

https://www.youtube.com/watch?v=3Kx5mLnl0m8

here is a YouTube about how compound interest can make you filthy richSubscribe for more videos!