Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A


Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (185) |
Author: mungofitch 🐝🐝🐝🐝 BRONZE
SHREWD
  😊 😞

Number: of 12535 
Subject: Re: BRK: Why Not XOM?
Date: 12/27/2024 11:10 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 37
What is not true that I have posted?

Well, since you asked, one reason is a lot of what's in that post is simply false.

For example, the first sentence ;you quoted is "EV’s will gradually replace oil use. If it were the case that 50% of all vehicles were EV’s, which is functionally impossible to achieve in the remote future, it would only reduce the world’s oil needs by about 10%. "

Motor vehicle fuel currently accounts for a hair under half of global crude oil use. Thus, a one half reduction would reduce global crude demand by about 24-25%, not by 10%. One could go on.

It's a post pushing a point of view and either selecting or making up "facts" to support that goal, not a conclusion drawn from a set of actual facts. Not many folks remember those, I suppose.

Jim
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (185) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds