I meant to thank you for the Clayton Williams Energy site. Haven't had time to try any of the links mentioned by you, but I hope to do so. I just have a macro view that energy will continue to grow more scarce and more expensive, and I am feeling reasonably comfortable with my concentration in this sector. I have a position in Unit Corp., another company in which Mr. Kaiser has a position, but it is not so big as to control the company (contrast with BOKF). Unit Corp. is drilling services. Trinidad did o.k. today too, though the currency was weak, so net-net to a US holder, probably no gain in Trinidad today.
I looked back at late 1991 and late 1999 performance, and saw periods of time when the stock tripped by 40% or more....and given I can't ever seem to get a read on the company of its forward guidance, I also looked at the fact that I was carrying more shares than most of the insiders....
...so, I made the mistake of selling all my shares in the $39-$40 range.
I regret the lost opportunity....but given the geopolitical environment, I've been able to sleep pretty well with the cold hard cash for now).
I admit to being prejudiced in favor of this bank. I think highly of George Kaiser, and I believe that, on his watch, BOKF will continue to perform well.
Where did you decide to invest your BOKF proceeds? Other banks? The energy sector? You seem like a wise investor, so I would be curious to know the direction that you decided to go. I am rather heavily into energy and energy services because I think that energy prices are not going to weaken. I may yet increase my energy-related investments. I have also tiptoed into metals, but they seem a little more faddish.
Good luck, and thanks for sharing your point of view.