Pre-market:
- WTI now up over 5%; up over $4.00 / bbl; now trading at $83.72.
CVX ticker:
Re-posting (for the second time):
Buffett
For perspective, if I recall correctly, Buffett bought Burlington Northern railway for $25 billion. At the time, Buffett said he "bet the company on that deal."
Now, decades later, he spends an equal amount on oil.
My hunch: Warren and I have invested the same proportion of our investment portfolio in CVX over the years.
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All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.
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