Thursday, November 14, 2013

Clearest Sign To Remain Bullish On Natural Gas And Oil: Warren Buffett Takes "BIG" Stake In XOM -- Business Insider

Wow, this is a bullish sign for the oil and gas industry.

The operative word in the headline: "big."

The headline: Warren Buffett Takes Big Stake In XOM.

Disclaimer: this is not an investment site. Do not make any investment decisions based on anything you read here or what you think you may have read here. 

From the linked article, Warren has bought about 1% of the ExxonMobil company:
Warren Buffett's conglomerate picked up 40,089,371 shares of Exxon Mobil in the third quarter.
Exxon has 4.37 billion shares outstanding, so the Berkshire stake amounts to about 1% of the oil giant.

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