Abbreviated 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. Full disclaimer at tabbed link.
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.
Stock buybacks: for those who "like" stock buybacks more than dividends, tell me how your AAPL is doing.
Oklahoma today: gonna drop out of the top 25. Just saying.
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."
My hunch: Warren and I have invested the same proportion of our investment portfolio in CVX over the years.
Abbreviated 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. Full disclaimer at tabbed link.
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.
Link here. Perhaps why Buffett continues to invest in fossil fuel:
Application of Zavanna, LLC for an order amending the field
rules for the Stockyard Creek, Long Creek and/or Truax-Bakken
Pool, Williams County, ND, so as to create and establish the
following:
(i) an overlapping 1920-acre spacing unit comprised
of Sections 24, 25 and 36, T.154N., R.99W., authorizing the
drilling of a total not to exceed twelve wells on said proposed
overlapping 1920-acre spacing unit; and,
(ii) an overlapping
3840-acre spacing unit comprised of Sections 24, 25 and 36,
T.154N., R.99W. and Sections 19, 30 and 31, T.154N., R.98W.,
authorizing the drilling of a horizontal well on or near the section
line between existing spacing units on said proposed
overlapping 3840-acre spacing unit, and/or such further relief.
Existing wells of interest:
Existing wells of interest:
22958, 972, Zavanna, NSI 23-24H, Stockyard Creek, t7/13; cum 371K 7/22;
18824, IA/855, Zavanna, Gary 1-24H, Stockyard Creek, t10/10; cum 283K 4/22; off line, 4/22;
20484, 1,126, Zavanna, Thunderbird 25-36 1H, Long Creek, t3/12; cum 449K 7/22;
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."
My hunch: Warren and I have invested the same proportion of our investment portfolio in CVX over the years.
Abbreviated 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. Full disclaimer at tabbed link.
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.
Link here. Perhaps why Buffett continues to invest in fossil fuel:
Amazon, which booked net losses in Q1 and Q2 totaling nearly $6 billion and whose shares are down 38% from their high in July last year, is undertaking large-scale efforts to cut costs – including commercial real estate costs.
It is closing or cancelling 44 warehouses across the US; it’s halting construction on six office towers, and won’t start construction on a seventh. And now it emerges that it plans to close four of its five call centers in the US and switch those customer service representatives to working from home.
Amazon currently operates five call centers in the US. Kennewick, WA; Lexington, KY; Phoenix, AZ; Huntington, WV; and Houston, TX. It plans to close four of them. Either the Houston or the Huntington facility will likely remain open, according to Bloomberg.
Amazon confirmed to Bloomberg that the call center work will be shifted to work from home. Even before the pandemic, it already allowed some call center workers to work from home.
Putin reiterates threats to use tactical nuclear weapon in Ukraine. No reaction in the West.
Russia withdraws from key city in Ukraine one day after Putin illegally declared coontrol over parts of eastern Ukraine (headline from NY Times). The city? Lyman.
Hurricane Ian: will affect US GDP.
Joe Biden is still president.
Javier Blas: tea leaves suggest big OPEC cut this Wednesday, October 5, 2022.