SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Winfastorlose
To: E_K_S who wrote (67037)4/5/2021 1:29:57 AM
From: bruwin1 Recommendation   of 78777
 
"Buffet recently started a position in CVX."

I have to wonder if that's Buffett himself doing that buying or one of his "Proteges" ?

CVX's TTM Income Statement looks a bit of a "Mess" especially as there's a relatively large loss already at its Pretax Level ......






I also understood that Buffett preferred not to invest in "Commodity Type" Businesses, such as Oil and Gas, due to the Competition that they face in the Marketplace.

I understood his preference was for "Consumer Monopoly" Type Businesses as they have far greater control of setting the prices of their products or services and thereby can make their desired profits with greater assurance.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext