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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Berkfan ✧  😊 😞
Number: of 22349 
Subject: Re: OXY
Date: 03/05/25 2:21 PM
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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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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
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Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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