Post #12234 by Berkfan on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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I would say with Buffett around, hard to get into 'financial' troubles, but can the business can suffer if oil prices go down, as buffett has said "its a bet, ultimately on oil prices"-

You correctly note that Oil has been a mixed bag for Warren. Doesn't matter how much you read and study, predicting the price of oil is an impossibility imo.

I wouldn't touch it - learned my lesson on COP

Buffett can lose material amounts of money, he did it recently with Paramount

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