AllonzeeLV@lemmy.world to Political Memes@lemmy.world · edit-21 year agoConfidence men never went away, they just made their con "too big to fail"lemmy.worldimagemessage-square19fedilinkarrow-up1216arrow-down133
arrow-up1183arrow-down1imageConfidence men never went away, they just made their con "too big to fail"lemmy.worldAllonzeeLV@lemmy.world to Political Memes@lemmy.world · edit-21 year agomessage-square19fedilink
minus-squareGuest_User@lemmy.worldlinkfedilinkarrow-up4arrow-down4·1 year agoIt is absolutely not one of their biggest positions, not even close. It’s only 5% of their total investment. These claims are really easy to fact check and prove false https://www.buffett.online/en/portfolio/
minus-squarewaitmarks@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·edit-21 year agoYour own link shows his investments in chevron and OXY to be over 10% and his 5th and 6th largest positions respectively. And Berkshire Hathaway is the single largest shareholder of OXY at 25% according to https://finance.yahoo.com/quote/OXY/holders So to say “He invests in boring slow predictable companies, and not the oil industry.” is false
It is absolutely not one of their biggest positions, not even close. It’s only 5% of their total investment. These claims are really easy to fact check and prove false https://www.buffett.online/en/portfolio/
Your own link shows his investments in chevron and OXY to be over 10% and his 5th and 6th largest positions respectively.
And Berkshire Hathaway is the single largest shareholder of OXY at 25% according to https://finance.yahoo.com/quote/OXY/holders
So to say “He invests in boring slow predictable companies, and not the oil industry.” is false