Subject: Re: OXY
I would say with Buffett around, hard to get into 'financial' troubles, but can the business can suffer if oil prices go down, as buffett has said "its a bet, ultimately on oil prices"-
You correctly note that Oil has been a mixed bag for Warren. Doesn't matter how much you read and study, predicting the price of oil is an impossibility imo.
I wouldn't touch it - learned my lesson on COP
Buffett can lose material amounts of money, he did it recently with Paramount