Back To Buffett -- October 3, 2022

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.