Noble Corporation: Strong Free Cash Flow Generation, With The Majority Returned To Shareholders

Personal Journey and Transformation - The individual transitioned from a research analyst role in Toronto to living in a yurt in the boreal forest, 100km from the nearest paved road or grocery store, seeking a closer connection to nature [1] - The decision to move was driven by a desire to live self-sufficiently, replacing relationships with grocery stores and utility providers with natural ecosystems and a spiritual connection [1] - The individual views their life as a call option, embracing elevated volatility to maximize its value, a mindset that was reinforced during the pandemic [1] - The journey is described as spiritual, with a focus on personal growth, learning from mistakes, and self-evaluation based on their former self rather than external benchmarks [1] Investment Philosophy and Reflection - The individual's relationship with financial markets has changed dramatically, but their love for the markets remains intact [1] - Timing is emphasized as crucial for maximizing the impact of actions, with poor timing potentially leading to destructive outcomes [1] - Writing is highlighted as an essential part of the investment research process, and the individual now aims to share their insights with the world [1] - The individual cautions against taking their writings too seriously, as they are personal reflections rather than recommendations [1]