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Alias Born 06/30/2015

Re: FM II post# 3834

Thursday, 04/21/2016 8:19:16 AM

Thursday, April 21, 2016 8:19:16 AM

Post# of 4188
One of the problems that a lot of investors in oil wells and small oil companies have is success bias. Among a group of monkeys picking well locations, some might hit pay. Among a group of monkeys, each picking many locations, a good fraction of the group might hit pay. People remember he instant millionaires and forget the dry holes.

If CF manages to stay in the industry, he is may well pick a location that pays out.

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