ToddFinances1’s Activity

Wed Feb 18

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ToddFinances1 replied to the Berkshire Hathaway board. 2:18 PM

Re: Mr. Buffett wrong again on an oil major?

Jim, as it pertains to XOM I totally agree. The stock has barely budged and yet oil has been cut in half. Also, the new equilibrium price is probably around $65-$70 for U.S. crude. We won't see $100 for quite some time.

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ToddFinances1 replied to the Berkshire Hathaway board. 12:34 PM

Re: Mr. Buffett wrong again on an oil major?

I don't get it. Oil has fallen at least 50% six times since 1980. If you're going to buy any oil company why not just wait to buy during the bust? Like now.

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Three stars, 500 posts
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