Fundamental Value, page-187

Now, if you were smart enough or prepared to the take the risks, you also could have purchased at 13 cents or lower, which many of us did.

Did you?

And why not?

Because you DID NOT want to take the RISK!!!

You want certainty!!!

Just like every investor.

But there is NO Such thing in the O & G business.

We drilled Dorado, with low expectations, but we hit the Jackpot.

We drilled PS3 with High expectations, but was disappointed.

That is the Risk and Uncertainty of the O & G business!!!

If you were prepared to take the risk, you too could make the massive gains that you now jealously whine about.

Fact of life - the Higher the Risk, the Higher the Rewards.

If you are ONLY prepared to risk after the results, then you need to sit and wait for the next ride up.

Another Fact of Life in the Share Market.

As the another saying goes: if you can't stand the heat, get out of the kitchen.