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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: palmersq   😊 😞
Number: of 12483 
Subject: Re: Occidental Petroleum
Date: 09/28/2024 10:39 AM
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If China gets into an recession (probably already is), and at the same time starts a war against Taiwan, what will happen to oil stocks?

If you suggest OXY could be a hedge to some situations that scare Buffett, it is too tiny a position for a company of Berkshire's size. And a basket of oil companies or oil future would be much better, and maybe add some companies in the defense industry for better effect. What a mess!
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