This week, we're joined by the great @killhamster .bsky.social to talk Ghoulmaxxing,Horses Wanting Cake, EncyclopediaDramatica and the Sport of the Future : Sperm Racing. https://t.co/gFmhtpfZyQ
US has now toppled Maduro's regime in Venezuela.
Everyone's first thought is:
How do I profit off Nation Building in Venezuela?
Here's how:
1. Distressed Debt + Bonds ( $ASHM, $HLI, $LAZ )
2x–3x multiple from "pure play" distressed Venezuelan debt owned by Ashmore $ASHM. They are the largest institutional holders of Venezuelan debt.
Bonds trade in the 10–20 cent range (depending on sanctions flux). In a regime change scenario, analysts (Citi, Allianz) est a recovery of 30–55 cents on the dollar. ~2x–3x multiple on book of assets that are marked down.
$HLI - IB is the primary financial advisor to the Venezuela Creditor Committee. In sovereign restructurings, the advisors are paid "success fees", and are the "picks and shovels" play for restructuring.
$LAZ - sovereign debt restructuring (advised Greece, Ukraine). This firm benefit from the complexity of the deal, and Venezuela's debt stack is arguably the most complex in history.
2. Heavy Crude Transplant ( Paris: TE, $GHM)
Technip - Historical architect of Venezuela’s critical infrastructure. The new gov will likely award "no-bid" or "sole-source" service contracts to the OEM to expedite repairs, as bringing in a new firm to reverse-engineer the plants would take years.
$GHM - The small-cap industrial firm manufactures the vacuum ejector systems used in refineries and upgraders. To upgrade Venezuela's heavy oil, you must distill it under a vacuum to prevent it from turning into solid coke.
3. Dilutents ( $TRGP )
Before Venezuela can export high volumes of oil, it must import high volumes of diluent (naphtha or natural gasoline) to make the heavy crude flow through pipelines.
$TRGP operates the Galena Park Marine Terminal, the primary hub for sending diluents to Venezuela.
Reverting to US supplies means Targa’s Galena Park Marine Terminal (a major LPG/Naphtha export hub in Houston) would see an immediate massive spike in volume to displace the Iranian supply.
4. Banking Plays ( Panama: MVZ.A / MVZ.B)
Mercantil is a unique anomaly, a Venezuelan bank holding company that listed in Panama and has a US presence (Amerant was spun off, but Mercantil remains).
It is the most logical "bridge" for dollarized flows, remittances, and aid money moving from the US/Miami back into a reconstructed Caracas.
5. Energy Sector ( $CVX, $VLO, $PSX)
The most obvious beneficiary of regime change and nation building in Venezuela is Chevron $CVX. Unlike other US majors that left, Chevron has maintained a presence in Venezuela. They have the staff, the licenses (via OFAC), and the fields (Petroboscan, Petropiar) ready to ramp up immediately.
Gulf Coast Refiners $VLO and $PSX would stand to benefit as well as their Texas and Louisiana refineries were specifically built to process Venezuela's heavy, sour crude. Since sanctions hit, they have had to buy more expensive heavy crude from elsewhere. A flood of Venezuelan oil would drastically lower their feedstock costs, widening their profit margins.
Artificial intelligence was one of the most profitable trades in 2025 and moving forward to 2026.
Given the unexpected turn of events with a fast regime change, investing in Nation Building from banks to oil processing might become the most profitable trade in 2026.
I made music w cracked software & pawn shop guitars for years. worked free in studios. If u actually have a passion for art you’ll find a way to make it no matter what. That, however, doesn’t entail typing some words & clicking a button & hoping for the best. Rosie can go to hell
I grew up singing. I sang everywhere I went, I wrote songs in my diary, I told teachers that I wanted to be a singer & songwriter when I grew up.
But wanting to be a musician in 2006 required resources that a low-income family didn't have. My parents couldn't afford to get me any instruments. They couldn't pay for music lessons. They couldn't get me into studios. A dream I had became just a memory, until now.
I am beyond proud and honored to get to work at a company that is enabling music creation for everyone. For the 13 year old kid in their bedroom who dreams of being a musician, you can be one. For all of the professional artists, you can do more of what you love.
I really wish Suno existed 20 years ago when I was a kid in elementary school, showing strangers songs I wrote with no way to produce them. But I'm really, really happy that it exists today, for all of the other kids who might need it.
We are still just getting started :)