It would be fair to say that the offshore drilling sector is currently facing the perfect storm of events. Overcapacity has plagued the industry’s outlook for nearly twelve months now and the falling oil price has only compounded the industry’s problems.
The offshore drilling industry has been kicked in the teeth over the past twelve months. But as usual, for value investors, this has presented opportunity.
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Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
Rupert covers everything value investing for ValueWalk
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