If you invested in any O&G company in post GFC. You are most probably staring at losses. If you bought more than 1 year ago, it should be "ouch"
In fact, it is during these moments of loss, that it provide a very opportune moment to stare at yourself at the mirror and ask if your mind is really in coherence with your method.
I am vested with SCI with paper losses too.
I have always worried about marine being a drag, but I thought I have gotten it cheap at 4.6.
How do I feel?
Nothing. And call me shameless, delusional, I am proud of it.
It took me almost a decade for this mental state. Everyday, I read about oil prices collapsing, to a low of even $40. I do not agree with that, because way before that, shale and several OPEC countries will ......