Re:Wall Street Is Finally Going to Make Money Off the Permian
by prepend on Friday April 28, 2023 @06:53AM
(#35739676)
But that’s not what happened with these oil investments. The coupon paid out 50% over 10 years which is what like a 4% annual return, not very good.
But this info isn’t enough to decide anything without the current value of the investment. If the investment is $0 then that’s horrible. If it’s $1 then it’s paid out 50% over ten years so not that great. But if it’s $2, then that’s a good investment.
The fact that this crucial information is missing from the article makes me think the author is an idiot or excluding it because it doesn’t support his position.
But this info isn’t enough to decide anything without the current value of the investment. If the investment is $0 then that’s horrible. If it’s $1 then it’s paid out 50% over ten years so not that great. But if it’s $2, then that’s a good investment.
The fact that this crucial information is missing from the article makes me think the author is an idiot or excluding it because it doesn’t support his position.