Thursday, June 2, 2016

Debbie Downer -- June 2, 2016

And then they wonder why retail investors are afraid to invest.

These must be the same guys are warn us about global warming, how a 0.1 degree increase in global temperature will destroy earth as we know in 100 years from now.

Meanwhile, one of the more successful investors in the past century has quietly increased his stake in Phillips 66. As of May 23, Berkshire Hathaway, Buffett's massive conglomerate, held a 14.88 percent stake, or more than 75 million shares, in Phillips 66 worth $6.17 billion.

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Drones

We'll come back to this later.

Wal-mart to use drones to inventory massive distribution centers

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