Post #9801 by newfydog on the Berkshire Hathaway board

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

Unthreaded | Threaded | Whole Thread (45)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 12

The price of OXY has been all over the place with their financial difficulties of the past, but if you plot the stock price vs oil price for the last two years of relative corporate stability, you'll see a very close match. I think this will continue going forward. If you think long term oil prices will have an upward trend, the stock would be a good buy, but then if you really know the future, oil futures would be an even better buy.

I worked for some of the the biggest oil companies who could afford the finest analysts and had the best data available. The were often wrong in their oil price projections. Very often very wrong.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (45)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.