Oil Prices Plunge - No Matter How Smart or How Rich, Almost No One Saw It Coming

Dan Dicker, Energy contributor at TheStreet, talks with Brittany Umar about the universal blindsiding that collapsing oil prices have had on hedge fund managers. Boone Pickens, Leon Cooperman, George Soros, John Paulson, Wilbur Ross and Carl Icahn are only some of the investors who bought energy companies at very dear premiums to where they are trading now, never expecting oil prices to drop this low this quickly. In contrast, one oil man, Richard Kinder, has gotten oil prices right. Not only did he invent and benefit from the Master Limited Partnership structure, but consolidated his MLP's at precisely the right time, right before this collapse in oil prices. Kinder is one to follow, Dicker believes.