Warren Buffett buying more oil, to be taken note π [Sly].
Berkshire Hathaway's record quarterly equity purchases of $51.1 billion in the first quarter, including large buys of $Chevron(CVX)$and $Occidental(OXY)$based on the profit report and 10-Q[Thinking] .
Hmm, not a bad choice to me [Yummy] +[Thinking] . Given on how the oil π’ economy has splitted by the Russia-Ukraine War, oil has became limited in most countries.
However, I'm not really a fan of oil π’ .
I'm kinda support clean energy (eg. EV) like $Tesla Motors(TSLA)$...[Speechless] So, isn't it a bit weird for me to go for oil[Doubt] ?
Furthermore, I've not done any research on oilπ’ = don't dare buy.
Of course oil π’ is still a needs but, it may be eventually decrease in demand in the future due to the roll out of EV.
Having that said, it still a good choice to buy now due to the Russia-Ukraine War = Buy the news [Doubt], something like that [Sly] .
I've tobsaid again, I'm not inside it [Grin] due to the few reasons above.
DYODD before investing [OK]
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
typo [Facepalm]