Post #1883 by BreckHutHigh on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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"One of the most successful stock pickers of all time admitted years ago that he was 'dead wrong' on an earlier oil-company investment. What's changed? The answer could come this weekend."

https://www.wsj.com/articles/warren-buffett-oil-st...

We on this board may know more than the WSJ does.

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I coattailed Buffett into OXY too late to catch the sharp rise. Now I'm wondering if the stock will every start an uptrend like a healthy company. My stock app says the P/E is 4.85. BTW, I was out in the Permian Basin a few years ago and saw plenty of OXY wells. I also saw some landowners offering to sell water that I presume was required for fracking.

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Speaking of... OXY now firmly back in Warren's "buy zone" so looks likely that we will get another Form 4 filed before the annual meeting.

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