Finally, we have come to the grand finale on the Oil & Gas (O&G) series. When I started writing on O&G stocks in May, I did not think that I could write 14 posts on it. This final post summarises the initial ignorance on the severity of the oil crash, the mid-way realisation that something was amiss and the subsequent adjustments in investment strategies. This journey has not been a straight path. Along the way, mistakes were made, trial-and-error adjustments were carried out, inconsistent investment strategies were executed while trying to understand the full picture, etc. The journey has not ended, and it remains to be seen whether the current investment strategies could withstand the test of time, but there are reasons to be cautiously optimistic.
The Initial Ignorance
Even before the oil price crashed in Jun 2014, I had a couple of O&G stocks in my portfolio. But when ......