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TIP491: Macro and the Energy Market w/ Lyn Alden
We Study Billionaires - The Investor’s Podcast Network
Warren Buffett: Chevron, Occidental Buffett - What Are Your Thoughts?
Buffett recently built a 25 billion position in Chevron, equivalent to 8% ish ownership and almost a 30% stake in Occidental. So long term, I'm bullish on them. Chevron is one of the more expensive ones, but it's also one of the higher quality, safe liquid ones. And so my approach has been more kind of geographic diversification and more different oil types.
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