only a tiny $572m worth. compared to $93b worth of Apple 
Imagine what buffet thinks everytime he looks at his portfolio I want to see it me 
bet the numbers are off the screen n all that haha
I heard he uses T212 for free trading. 
yes thatās a bad joke
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serious talk tho imagine all the fees warrens paid in his lifeā¦
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hmm yeah, millions I bet. I might email him my referral link 
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Oh yeah damn! Let me send it him to, n Charlie munger
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Hello, Yes, mmhmmā¦
Sir, I have Wirecard on the Line for you? They say they and WTI Crude have a proposal for youā¦
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Iāll happily take wirecard, the oil can goā¦
Does anyone think oil will be like liquid gold in the future ??? Scarce but expensive??? Or opposite way around?
I actually think that he could turn out on top again if he uses some of the reserves/cash they are currently holding, I seem to remember it was around 150 billion USD.
They would need to keep a fair part of it for insurances, just in case, but they may be able to invest say 50-100 billion USD.
So, lets for a second think of this situation:
What if the stock market dips again, lets not say to March levels but at least to early May levels and Berkshire buy a few companies ācheapā and invests 50-100 billion USD?
If that happens I donāt think anyone will be laughing .
And the dip or crash could happen anytime, with a combination of the following uncertainties:
-Covid19 getting even worse in Brazil, India or Africa and some large-ish appearances in Europe/USA with local lockdowns
-The southern and western states in the USA (mainly Texas, California and Florida) completely shutting down again
-Q2 or Q3 financial reports
-Trump putting tariffs on China or any other significant retaliation from the USA or EU/Japan/South Korea/UK/Australia/Canada
-EU Budget falling through
-Brexit drama if Boris comes out to say something radical again
A combination of 2 of these could easily send the stock market back to early May levels, Iād say 3 or 4 of them and the stock market could be back at the levels of March.
I keep thinking this, Iām in two minds whether to get out sept/Oct time as start getting cold etc winter covid might pop up again due to it not being warm but Iām also thinking to just ride it out even if it puts me in the red, Iād be pissed cos Iām up nice at the moment
I picked up WTI Crude ETF near enough at its floor in the last drop.
Iām up. 74.2% so far and I think thereās much more to go there.
The problem you have right now is that supply outstripped demand because CoVid all but shut down the two biggest industries for it. Chiefly, Airlines and Manufacturing.
I think whether it becomes Liquid Gold is going to be very depends on our actions in the next decade. We need to move away from fossil fuels rapidly and CoVid has given some industries the full break it needs to implement some changes itās been struggling to due to business as usual but it still isnāt enough.
If we continue current consumption, I think it might but not within the next 10-15 years. If we modify, I donāt think it will no.
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To touch on the last point u mean to say if we change to clean energy it will if we donāt it wonāt? I think there sneakily trying to change over but just think thy canāt just say right Everyone green. The WHOLE game was played on oil, manipulated by the oil petrodollar etc were about to come off that imoā¦
Wow what a dip! Definitely gonna keep an eye on this one.
Seems to have stopped at that resistance level 
Are you guys looking at this as a correction swing play?
You reckon gna climb back up?
Airlines and manufacturing are not the biggest uses of oil - road transport and heating fuel are.
The issue with WTI was partly lack of demand but also lack of storage.
As to oil running out in 10-15 years - not unless there is exponential growth in its use! Thereās plenty of oil out there that is uneconomical to extract at current prices eg tar sands oil. If the price rises because easier to extract oil starts to run out then we just switch to different extraction methods eg tar sands etc.
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I dont know what itās gonna do, but it definitely has room to go up. Worth keeping a close eye on it if it starts moving
How can you trade when you canāt even read properly. He isnt buying the company nor its stocks. He bought only natural gas assets for 4 billion and around 6 billion debt.
Also natural gas isnt going anywhere its used and will be used as a main fuel in heating systems. Its produces less CO 2 than electric equivalent and costs less. Russia is building new pipelines in Europe and you here trading pennystocks thinking you know better than Buffet. Silly boy
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Was it Warren that created a topic about not getting a free promo share?
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Amen to this. People get confused about this all over the place ā see the Occidental Petroleum stuff. Youāre dead right. Buffettās idea is to buy the assets and operate them presumably more effectively than Dominion were doing. This isnāt a shares deal and has nothing to do with Dominion shares. This is exactly in keeping with what Berkshire does in operating energy companies, so it makes a lot of sense.
People want to be saying Buffettās washed up when they canāt even work out wtf is going on with his buying.
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Cos I donāt invest in gas or anything like that, I didnāt read it fully as I stated and like I asked why did it drop if he bought, I asked the question I didnāt state a statement as if I knew