25.9 days.
Up from 25.8 days.
Days of supply = supply projection - demand projection.
If supply increases and demand decreases, days of crude oil in storage will increase.
The decrease in volume in SPR storage is irrelevant, though analysts would like you to believe otherwise.
****************************
Terrible Maps
I've been accumulating NVDA for the past year.
Why would this bother me?
Folks who are bothered by this perplex me.
Perhaps I'm easily perplexed.
**************************
Only Murders In The Building
Best "thing" since "Twin Peaks."
The lede:
1,490,000 barrels per day of excess oil was produced in June even as OPEC was 1,060,000 bpd short of their quota… US oil supplies at new 18 year low, Strategic Petroleum Reserve at 36½ year low; largest drop in US gasoline and diesel demand since early 2020 lockdown, largest drop in US gasoline production this year;
In round numbers, 1.5 million bopd of excess oil was produced in June, 2022, even as OPEC was 1.0 million bopd short of their credit.
From my perspective: still too much oil.
This is interesting: WTI has turned positive late Sunday night -- up slightly; trading at $98.17. Less than $120 but beats $20.
The more important story: natural gas is up almost 2%; up 13 cents; trading at $7.144.
*************************
Dating
I'm "glad" I'm "over that stage," but there are times I miss the "freshness" of dating.
"You know the sharing of stories is kind of transactional. When someone gives you a story you owe them one of equal or greater value in return." -- Jan, in "Only Murders in the Building," 1x4.
I love telling stories. But that's in the past. Lots of memories.
About a week ago or so a reader asked about semiconductor chips in an article with a paywall: neither of us could access the article, so we did not know which semiconductor company was being "hyped."
Today, on the way to looking up something else I came across this article over at nasdaq.com.
Before going to that linked article I've updated the "foundries" at this site. One may want to google intel outsource samsung tsm. I'm not going to touch that with a 10-foot pole. Emotions run high on this issue. LOL.
But I digress.
Now back to the linked nasdaq article, published by Motley Fool, July 14, 2022, just a couple of days ago.
Three semiconductor stocks that could go parabolic.
To the point:
This is probably the best summary I've seen in a long time. Needs to be archived.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
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.
Updates
July 19, 2022:July 19, 2022: BRK purchased another 1.94 million shares of OXY giving the company (BRK) an $11.4 billion stake and putting it nearer a threshold where it could record some of the oil company's earnings with its own.
Original Post
BRK: 52 stocks in the portfolio. I read "53" everywhere, but count them at this link. I must have missed one. Unless the 53rd is "BRK" itself.
Nothing else comes close.
Two questions / observations:
But this is the bigger observation.
My hunch: Buffett thinks about this every waking moment and in his dreams:
|
Ticker |
Shares |
1Q22 |
Percent PTFOLIO |
Rounds to 0% |
Less than 0.5% |
Less than 1% |
Less than 5% |
|
ATVI |
74,187,400 |
5,742,104,760 |
1.758% |
|
|
|
1 |
|
ALLY |
8,969,420 |
346,847,471 |
0.106% |
1 |
1 |
1 |
|
|
AMZN |
533,300 |
1,147,565,606 |
0.351% |
1 |
1 |
1 |
|
|
AXP |
151,610,700 |
23,232,823,668 |
7.114% |
|
|
|
|
|
AON |
4,396,000 |
1,154,873,160 |
0.354% |
1 |
1 |
1 |
|
|
AAPL |
911,347,617 |
125,392,318,623 |
38.394% |
|
|
|
|
|
BAC |
1,032,852,006 |
34,972,368,923 |
10.708% |
|
|
|
|
|
BK |
74,346,864 |
3,254,162,237 |
0.996% |
|
|
1 |
1 |
|
BYD |
225,000,000 |
7,499,250,000 |
2.296% |
|
|
|
1 |
|
CE |
7,880,998 |
1,187,902,829 |
0.364% |
1 |
1 |
1 |
1 |
|
CHTR |
3,828,941 |
1,834,177,607 |
0.562% |
|
|
1 |
1 |
|
CVX |
159,178,117 |
26,713,271,595 |
8.179% |
|
|
|
|
|
C |
52,244,797 |
2,748,428,651 |
0.842% |
|
|
1 |
1 |
|
KO |
400,000,000 |
24,392,000,000 |
7.469% |
|
|
|
|
|
DVA |
36,095,570 |
3,408,504,675 |
1.044% |
|
|
|
1 |
|
DEO |
227,750 |
41,511,993 |
0.013% |
1 |
1 |
1 |
1 |
|
FND |
4,780,000 |
328,051,400 |
0.100% |
1 |
1 |
1 |
1 |
|
GM |
62,045,847 |
2,196,422,984 |
0.673% |
|
|
1 |
1 |
|
GL |
6,353,727 |
594,454,698 |
0.182% |
1 |
1 |
1 |
1 |
|
HPQ |
121,092,418 |
4,195,852,284 |
1.285% |
|
|
|
1 |
|
ITOCF |
81,304,200 |
2,309,039,280 |
0.707% |
|
|
1 |
1 |
|
JNJ |
327,100 |
57,890,158 |
0.018% |
1 |
1 |
1 |
1 |
|
KHC |
325,634,818 |
12,494,607,967 |
3.826% |
|
|
|
1 |
|
KR |
57,985,263 |
2,821,562,909 |
0.864% |
|
|
1 |
1 |
|
LILA |
2,630,792 |
24,361,134 |
0.007% |
1 |
11 |
1 |
1 |
|
LILAK |
1,284,020 |
11,812,984 |
0.004% |
1 |
1 |
1 |
1 |
|
FWONK |
7,722,451 |
481,803,718 |
0.148% |
1 |
1 |
1 |
1 |
|
LSXMA |
20,207,680 |
812,146,659 |
0.249% |
1 |
1 |
1 |
1 |
|
LSXMK |
43,208,291 |
1,729,627,889 |
0.530% |
|
|
1 |
1 |
|
MKL |
424,343 |
565,683,166 |
0.173% |
1 |
1 |
1 |
1 |
|
MMC |
404,911 |
60,675,913 |
0.019% |
1 |
1 |
1 |
1 |
|
MA |
3,986,648 |
1,340,231,325 |
0.410% |
1 |
1 |
1 |
1 |
|
MCK |
2,921,975 |
943,388,849 |
0.289% |
1 |
1 |
1 |
1 |
|
MDLZ |
578,000 |
35,367,820 |
0.011% |
1 |
1 |
1 |
1 |
|
MCO |
24,669,778 |
7,136,226,682 |
2.185% |
|
|
|
1 |
|
NU |
107,118,784 |
408,122,567 |
0.125% |
1 |
1 |
1 |
1 |
|
OXY |
143,162,392 |
9,056,452,918 |
2.773% |
|
|
|
1 |
|
PARA |
68,947,760 |
2,250,454,886 |
0.689% |
|
|
1 |
1 |
|
PG |
315,400 |
44,720,566 |
0.014% |
1 |
1 |
1 |
1 |
|
RH |
2,170,000 |
582,862,000 |
0.178% |
1 |
1 |
1 |
1 |
|
RPRX |
1,496,372 |
59,136,621 |
0.018% |
1 |
1 |
1 |
1 |
|
SNOW |
6,125,376 |
866,679,450 |
0.265% |
1 |
|
1 |
1 |
|
SPY |
39,400 |
15,351,422 |
0.005% |
1 |
1 |
1 |
1 |
|
STNE |
10,695,448 |
99,788,530 |
0.031% |
1 |
1 |
1 |
1 |
|
STOR |
14,754,811 |
385,248,115 |
0.118% |
1 |
1 |
1 |
1 |
|
TMUS |
5,242,000 |
660,701,680 |
0.202% |
1 |
1 |
1 |
1 |
|
UPS |
59,400 |
10,159,776 |
0.003% |
1 |
1 |
1 |
1 |
|
USB |
144,064,330 |
7,088,519,899 |
2.170% |
|
|
|
1 |
|
VOO |
43,000 |
15,394,860 |
0.005% |
1 |
1 |
1 |
1 |
|
VRSN |
12,815,613 |
2,121,752,888 |
0.650% |
|
|
1 |
1 |
|
VZ |
1,380,111 |
68,356,898 |
0.021% |
1 |
1 |
1 |
1 |
|
V |
8,297,460 |
1,651,443,464 |
0.506% |
|
|
1 |
1 |
|
|
|
|
|
|
|
|
|
|
|
|
326,592,466,157 |
|
29 |
38 |
39 |
44 |
