Subject: Re: BRK: Why Not XOM?
“Over 100 posts on xom, which proves it's undiscovered, completely unknown, and Unclew Warren should give some thought to drilling down on the space!! What a hoot.”

Well, you might have heard of Apple before Buffett took a big stake. That one worked out ok.

Though to my mind the days of market beating performance from stock picking are over. They might get a good idea/get lucky from time to time. Otherwise they (and we) will be better off running the businesses and investing float in a quant type strategy.