On Monday, 24 October 2016 16:14:59 UTC+1, Andrew wrote:
On 24/10/2016 14:13, Simon Mason wrote:
On Monday, 24 October 2016 11:38:54 UTC+1, Rod Speed wrote:

Not a high risk if you believe BP is a viable operation and presumably he
does.

Sure, there is SOME risk of BP being involved in something very
stupid like that deep sea drilling rig blowout preventer ****up,
but the risk isnt really all that great.

I sold every BP share I possessed on 22APR10 for £6-22 and made £40000 - a few weeks later they were £2-96.

Made another bomb buying a shedload back at £3-00 and selling them later at £5-00.

But if you had put half into the Fundsmith fund it would be worth 2.5
times now what you paid in 2010.

When Google came out in 2004, I could see that it would wipe the floor with Alta Vista et al and could have been a millionaire by now, but I stuck with the oil business as it is my own speciality.