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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by EngineeringProfit > 1 month ago | Report Abuse
Boom and Bust Cycles: The oil industry is infamous for its boom-and-bust cycles. During periods of high oil prices, many companies and individuals invest heavily in oil production, but when prices crash (like in 1986, 2014, and during the 2020 COVID-19 pandemic), these investments can result in devastating losses. Many overleveraged companies have gone bankrupt during these downturns.