Warren Buffet just disclosed that bought another 2.57 milion shares, now holding a whopping 28% stake.

    What are you thoughts about it?
    Are you adding shares to your portfolio?

    https://i.redd.it/pmuclc8oif5d1.jpeg

    Posted by averagestockinvestor

    14 Comments

    1. So $154M worth of shares? It’s a drop in a bucket for a guy like him. Even If he lost $1B, he’d just laugh it off and move on to the next company.

    2. I like the stock but only for long term play not WSB material. I Work In O&G it seems undervalued and is primed to be first major mover in direct air capture with South Texas capture facility.

    3. Warren knows that oil and gas companies are like tobacco companies in the 90’s and early 2000s. Everyone hates them, but they are good investments.

    4. wallstreetsimps on

      When do we find out the other secret stock he’s been buying? ![img](emote|t5_2th52|12787)

    5. Sandinmypants34 on

      He might be on to something the Saudi oil deal expires tomorrow and they are not going to renew it. I’m interested what that will do to the market. I think that means thier oil will not be exclusively priced through the dollar anymore.

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