$ExxonMobil(XOM.US)

I find Exxon Mobil very valuable as both a counterbalance to my tech holdings in the portfolio. Although tied to oil, it has a lower beta and yet cushions the portfolio well in tech sell offs.

It serves to diversify away from cash which is the most obvious shelter in a general sell off. As of now, capital is rotating around seeking the best place to maximise returns.

@Captain's Treasure

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