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Archive of entries posted on 19th July 2013

Musings on BP, sunk cost, ultra-light bikes and John Paulson

This is a chart of BP over the past ten years. It clearly shows the effects of the Gulf oil spill three years ago: This is a chart of Exxon Mobil over the same ten years: BP is yielding 5.06%. Exxon is yielding 2.67%. Cramer had BP’s boss on last night. He was impressive. I […]