Judd Arnold: Seeking Convexity in Offshore Energy

<p>Hey guys! This week I&#39;m stoked to have Judd Arnold on the podcast. Judd runs Lake Cornelia Research Management, a hedge fund and bespoke investment research firm. </p> <p>Judd joined The Value Hive to break down the Offshore Energy Industry. Most of the podcast discusses convexity, how to find it within the offshore space, and how to compare various convexity levels between industry opportunities. </p> <p>You can easily tell Judd knows his industry inside out, which makes for a highly educational (and entertaining!) conversation. </p> <p>If you&#39;d like to learn more about Judd, DM him on Twitter <a href="https://twitter.com/CorneliaLake" target="_blank" rel="noopener noreferer">@CorneliaLake</a>. </p> <p>Finally, thanks to the following sponsors for making the podcast a reality!</p> <p><strong>Mitimco</strong></p> <p>This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns to support MIT&#39;s mission. To help the emerging manager community more broadly, they created <a href="https://emergingmanagers.org/" target="_blank" rel="ugc noopener noreferrer">emergingmanagers.org</a>, a website for emerging manager stockpickers.</p> <p>I highly recommend the site for those looking to start a stock-picking fund or learn how others have done it. You&#39;ll find essays and interviews by successful emerging managers, service providers used by MIT&#39;s own managers, essays MITIMCo has written for emerging managers, and more!</p> <p><strong>Tegus</strong></p> <p>Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, all from those who know it best.</p> <p>I spend nearly all my time reading Tegus calls on existing holdings and new