Please text and tell us what you likeWe weigh the lure of Venezuelan oil against hard realities: weak legal protections, heavy crude economics, and tangled geopolitics with Cuba, Russia, and China. The takeaway is prudence—favor diversified proxies over direct country risk and let facts, not headlines, drive allocation.• investment case framed around rule of law and contract security• heavy oil cost structure versus current WTI and breakevens• prospects for subsidies or military support and why they’re unlikely• historical parallels on expropriation and reform cycles• geopolitical constraints from Russia, China, and Cuba ties• time horizon mismatch for real reform and infrastructure rebuild• proxy exposure via diversified majors like Chevron over direct bets• portfolio discipline and checklist for country risk readinessPlease text us or please email us and let us know what you're thinking and what you'd like to talk about Straight Talk for All - Nonsense for NonePlease check out our other podcasts:https://skepticsguidetoinvesting.buzzsprout.com Disclaimer - These podcasts are not intended as investment advice. Individuals please consult your own investment, tax and legal advisors. They provide these insights for educational purposes only.