Remove tag crude oil
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Transcript: Jenny Johnson, Franklin Templeton

Barry Ritholtz

You can put those tags in there but still take a professionally managed strategy… RITHOLTZ: Right. RITHOLTZ: Yes, they seem to be purposefully trying to morph their reliance away from crude oil and energy towards more modern technologies. RITHOLTZ: And keep in mind, oil isn’t going to go away. It’s enormous.

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Transcript: Robert Koenigsberger

Barry Ritholtz

KOENIGSBERGER: — that you had to pay for a crude, right, which is a weird concept to — RITHOLTZ: To pay for a crude? So it’s a crude interest. Bank of America decided they wanted to sell their branch in Lima, Peru, and the price tag was a million dollars. So look, Venezuela has a lot of oil capacity.