Israel and Iran Rattle Sabers; ExxonMobil Soars
When my father died not too long ago, he left me some stock in ExxonMobil, which I recently sold. As I wrote to my mother, “I’m happy to report that I’m out of the oil business.”
A few weeks before, a long-long friend who manages a hedge fund wrote me, “Craig! Looks like Israel might attack Iran. Your Exxon’s up big!” I responded, “Yes, imagine my delight, profiting from the prospect of nuclear war.”
No more trips to “the dark side” for me.