CXO - A Forgotten Equity: Chesapeake Is Building A Monopoly

"A 60:40 allocation to passive long-only equities and bonds has been a great proposition for the last 35 years …We are profoundly worried that this could be a risky allocation over the next 10."

Sanford C. Bernstein & Company Analysts (January 2017)

“Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria”

Sir John Templeton

“Life and investing are long ballgames.”

Julian Robertson

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Opening Note From Travis

Chesapeake Energy (CHK) is among the most controversial names that we cover in The Contrarian, and even