The Achilles Heel of Oil & Gas Investing

I share the single largest misunderstanding I've found when talking to investors who want to invest in minerals and royalties and/or oil and gas. The importance of understanding this simple, yet nerdy, concept can’t be overstated. The fact is, most corporate Investor Relations departments hope you don't understand it so that you don’t ask questions about it. Hint: I get a bit nerdy in this one, and discuss statistical distributions.

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