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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Berkfan ✧  😊 😞
Number: of 21939 
Subject: Re: OXY
Date: 03/05/25 2:21 PM
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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
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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