Stan's Investment Blog

There is only one thing in life more important than making a little money ... making a LOT of money

Pages

Home
My Seeking Alpha Articles
My Gurufocus Articles
My Scribd
Black Swan Stocks

Tuesday, June 18, 2013

SPE article on Reserves Estimation

http://www.spe.org/jpt/print/archives/2007/05/JPT2007_05_DA_series.pdf

Posted by Stan at 9:42 PM

Email This BlogThis!Share to Twitter Share to Facebook Share to Pinterest

Labels: Oil and Gas 101

No comments:

Post a Comment

Newer Post Older Post Home

Subscribe to: Post Comments (Atom)

About Me

Stan: I am a mechanical engineer full time and a self taught value investor in my spare time (another full time job).

View my complete profile

Labels

Disclaimer

I can’t guarantee that my reasoning will always be correct. I can’t even guarantee that if you follow any of my ideas that you will make any money. I can guarantee that even if my reasoning is always correct that there will be times my portfolio will show a loss, sometimes substantially. Individual stocks fluctuate, sometimes wildly. This is a good thing from an investment standpoint. This volatility, in theory, makes it possible to buy low and sell high. I have no ability to call the bottom though, so there will be times when I recommend apparent bargains that will go on to become even greater bargains. My basic strategy is to concentrate on a relatively small number of stocks (generally 6-12 with no more than 15% of my net worth in any one) that I believe to be at least 50% undervalued. However, this is a strategy that will have high portfolio volatility.

Simple theme. Powered by Blogger.