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That's an average of essentially a lot of different bets. Shale oil was a bet on very high oil prices, this didn't eventuate and they still managed some kind of
by jojobas 4y ago
That's an average of essentially a lot of different bets. Shale oil was a bet on very high oil prices, this didn't eventuate and they still managed some kind of returns above the interest rates.
- jjeaff 4y agoJust the market rate of return. If your money could have done better in an index fund, you've lost.