2min chapter

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments cover image

067: Should I sell Prosus and buy Tencent? Why is Warren Buffett buying Occidental?

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

CHAPTER

The Net as Ot Value With Occidental Petroleum

Before occidental petroleum's acquisition, rings p v ten was like one point three billion. The price to buy that was like 350 million, so like 35 cents on the dollar. So i think ring is a lot cheaper. That's my hypothesis. And why wouldn't buffet buy something like that? Why would he buy something like occidental? Well, because it's much bigger an it can actually move the needle. and by ring, he can't buy pedeco.

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