No. of Recommendations: 11
1978 I started as a Geologist/Geophysicist with a Tulsa based company called Cities Service. They trained me, sent me to Denver but didn't pay well, so I moved on. Those who stayed for job security were mostly laid off when Oxy took over. They closed the Denver office. I bounced around the industry but did fine.
A guy named Buffett told me not to invest in oil stocks. The price of the stock just tracks the price of oil. If you know where that is going, invest in commodity futures.
Now most of my nest egg is invested with the Buffett guy. It has done well so I'll give him the benefit of the doubt. That, and I appreciate how much long term production is in the Permian Basin.
