Buffett buying oilies
Posted: July 13th, 2022, 11:07 am
Buffett... long-term buy & hold, but he also tries to time the big cycles.
Interesting article, flagged elsewhere, about his recent plunge into oilies.
Inter alia, it mentions 'We see an opportunity to potentially do even better by imitating a younger Buffett, prior to size constraints, buying off the run smaller cap companies shares that have lagged and have more operating and financial leverage to higher oil and gas prices.
So the takeaway, buy oil, but if you want to do really well, buy small oil. The right small oil of course.
https://bisoninterests.com/content/f/buffett-buys-oil-gas-stocks
V8 (lazily sticking to big oil)
Interesting article, flagged elsewhere, about his recent plunge into oilies.
Inter alia, it mentions 'We see an opportunity to potentially do even better by imitating a younger Buffett, prior to size constraints, buying off the run smaller cap companies shares that have lagged and have more operating and financial leverage to higher oil and gas prices.
So the takeaway, buy oil, but if you want to do really well, buy small oil. The right small oil of course.
https://bisoninterests.com/content/f/buffett-buys-oil-gas-stocks
V8 (lazily sticking to big oil)