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re: Continental Resources unwinds its crude hedges - takes $433MM gain, goes naked

Posted on 11/12/14 at 10:27 am to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37196 posts
Posted on 11/12/14 at 10:27 am to
A billion is nothing to laugh at, but he needs to hit his knees tonight giving thanks it wasn't much worse. Approx 8 percent of net worth is a lot better than 50.
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 11/12/14 at 10:36 am to
And seriously---if you're worth that much, what difference does one of your billions make in the end? You'll still end up in a pine box with plenty of money to spare.
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