Valuewalk Blog | Elementary School Forced To Take Possession Of Ten Million Barrels Of Oil | TalkMarkets
ValueWalk
Contributor's Links: ValueWalk
ValueWalk was started in January 2010, with a focus on value investing and value investors. As the site has grown, the scope has expanded. ValueWalk is now a news site covering all breaking financial news with an emphasis on value investing, hedge funds, large asset managers, Tech news, and ...more

Elementary School Forced To Take Possession Of Ten Million Barrels Of Oil

Date: Thursday, April 23, 2020 7:10 AM EDT

St. Louis, Missouri – “I thought I was making a really good investment,” Mark Hilton, Superintendent of Sherwood Elementary school stated.  “I read The Intelligent Investor this winter and thought buying low and selling high was how you made money.  Oil look pretty attractive at $20/bbl so I bought.”

Mark Hilton, 45, has been the Superintendent of Sherwood Elementary school in St. Louis, Missouri for ten years.  During the past ten years Mark Hilton has invested Sherwood’s endowment in index funds with help of a financial advisor.  This year Sherwood’s endowment changed strategies after Mr. Hilton read, The Intelligent Investor.

“I read The Intelligent Investor three times this past winter and thought I was an expert stock picker.  When oil crashed to $20/bbl I bought ten million barrels.”

Mr. Hilton said he doubled Sherwood’s endowment in a few months shorting the S&P 500 right before the economic collapse.  “I felt like a genius,” Mark said.  “Then I went long oil and it was the worst decision I ever made.  I had no idea I had to take possession of these barrels when the May contracts expired.”

 

Sherwood Elementary school now has the responsibility to take contract of 10 million barrels of oil.  “I have no idea where we are going to put all of this oil,” Mr. Hilton said lowering his head in shame.  “I think I can put 200,000 barrels in the school but after that I have no idea what to do.”

Sherwood Elementary school has put Mr. Hilton on involuntary leave of absence for his reckless investment decision.  If you have any ideas where Sherwood Elementary can store 10 million barrels of oil don’t hesitate to call the district.

The Stonk Market is a satire site focused on the dull finance and investing industry. We are currently looking for creative writers who have an interest in finance, investing and humor.

 

Disclaimer: This and other personal blog posts are not reviewed, monitored or endorsed by TalkMarkets. The content is solely the view of the author and TalkMarkets is not responsible for the content of this post in any way. Our curated content which is handpicked by our editorial team may be viewed here.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.