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DewDiligence

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DewDiligence

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Re: DewDiligence post# 25393

Tuesday, 05/03/2022 10:26:27 AM

Tuesday, May 03, 2022 10:26:27 AM

Post# of 30494
BP takes $25.5B write-off from exiting Russia:

https://www.wsj.com/articles/bp-to-take-25-5-billion-hit-from-russia-exit-11651559671

This is the biggest Russia-related write-off been taken by any company; it includes the entire value of BP’s equity in ROSN.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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