Post #10878 by mungofitch on the Berkshire Hathaway board

To reference images from other websites within your posts, simply right-click (desktop), or hold your finger over (mobile devices), the image and select to copy the link. You can then copy-paste this link within your post. When viewing the post, it will be automatically hyperlinked directly to the image.

- Manlobbi

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

Unthreaded | Threaded | Whole Thread (185)

Prev | Next

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 11

Re the original suggestion of XOM as a possible investment pick.

Perhaps there is alternative merit in the picks and shovels approach? Almost literally, in this case. Not quite so dependent on the commodity price.
At least superficially, Schlumberger (SLB) at $36.80 seems pretty modestly valued at the moment. It was trading around $56 as recently as this spring, and they're probably making money these days at a rate of about $4/share/year. Nice balance sheet.

I don't own the thing, but the more knowledgeable folks might find it worth a bit of reading.

Jim

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (185)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.