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buc

7,999 Posts.

11

05/05/15

09:45

Post #: 15217053
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Originally posted by cmonaussie ↑

Einhorn, founder of Greenlight Capital (self made billionaire - est net worth $2B)

"A business that burns cash and doesn't grow isn't worth anything," Einhorn said.

This is a 5 minute video

Not sure why EOG was on his hit list (but it probably has something to do with DD&A).

Hope it provides some perspective.

ps....@Rob79 - note the comment re the DD&A - particularly the depletion aspect - hence my comment to you earlier regarding the Qtrly.

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Nice one to share on the LNR thread too, I reckon

SSN Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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