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Coopec Definition of stupidity As an accountant you may prefer...

  1. 20,365 Posts.
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    Coopec
    Definition of stupidity
    As an accountant you may prefer my formula .
    Your entry price - minus current price to the power of number of posts per day squared by relevance of those posts

    Investing is not about googling anything with the word gas or oil in it , it's about appreciating what DCF is after you input realistic costs and include costs still outstanding.

    The reality is with the current oil prices many oil producers are worth less than they were before . Oil price has halved but margins for most have more than halved .
 
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