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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (16330)1/31/2003 10:55:43 PM
From: Paul Senior  Read Replies (1) of 78567
 
Spekulatius. I'll say CVX will recover at some point.

In another life, I was a consultant to several Chevron managers and divisions. My impression was that they were a conservative bunch (as regards business), a little paranoid (who in big oil in California isn't?), but competent, talented, and stolid. They had an emphasis on the bottom line. What I liked about Chevron (as a consultant) was that when they undertook a project, they took the time and spent the money and people resources necessary to do a first-class job. No cutting corners if they moved forward. (Most of my other clients couldn't or wouldn't operate like this.)

Sorry I didn't buy and hold Chevron lo these many years ago when prices were lower. I've bought now though as I've posted. My intent is to hold at least for a few years.

Dividend helps.
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