A $30mn lesson in patience
What we can learn from ‘the worst contract in sports history’
What we can learn from ‘the worst contract in sports history’

But it relies on a host of rosy assumptions going in investors’ favour

Instant ability to trade tempts many to make bad decisions

Firms that got in early enough made some quick gains, new arrivals will need to play for longer

When shares you own sink, assume that you’re wrong, rather than looking for reasons why you’re right

The sector remains untested in a severe or prolonged economic downturn

And the worst-case scenario for oil