Making Money Minute with Ron Hiebert - Thinking Two Dimensionally
When investing in oil and gas stocks, we often think price increases are good and price declines are bad. But that is one dimensional thinking. When prices go up, of course energy stocks will rise. But when prices decline, a whole other category of businesses do well. Capturing those moves is two dimensional thinking. Winners in a declining energy price environment include, refiners, and intensive energy users like airlines, cement and fertilizer plants. Learning to think two dimensionally will help you spot opportunities in almost any market.