Buffett Sees Something "Everyone" Is Missing -- October 1, 2022

Warren Buffett has noted something few others have noted. Two points follow:

• what Buffett sees now will be obvious some years from now;
• this is different than what he saw when he bought Burlington Northern.

Re-posting: 

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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Link here. Perhaps why Buffett continues to invest in fossil fuel: