If Jay Young has one central message to investors, it is this: it is time for a change to the way oil and gas deals get done.
Oil is a risky, risky business. It’s not uncommon for people who invest in oil and gas to lose money. But the business keeps plugging along. People love to believe in the promise of the next big thing, so they toss their money at an investment deal on a wing and a prayer. More often than not, they end up with nothing to show for it except a lighter wallet.
To continue to do things the same way is insanity. So Jay came up with a different way. In his talks, he discusses how he came to think of investing in oil and gas differently, using lessons from real life.