/biz/ - Business & Finance

>>20336663
Doesn't realise /biz already has flawless well rehearsed trading strategy of buying high and selling low.

>>20336663
buffett made a huge bet on energy sector. Im going all in energy lads. Oil, midstream, and refineries

>>20336716

>>20336663
the world has changed.

Buffett quote formula: start saying one thing, then say opposite thing

>Price is what you pay. Value is what you get.
>Fearful when others are greedy. Greedy when others are fearful.
>It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
>It takes 20 years to build a reputation and 5 minutes to ruin it
>You cannot make a good deal with a bad person
>Rule No. 1: Never lose money. Rule No. 2: Don't forget rule No. 1
>Time is the friend of the wonderful company, the enemy of the mediocre.

I hate this stupid boomer so much bros

>>20336763
More than JUST energy, anon. He went in on natural gas and gas infrastructure. Our refiners were already transitioning to work off of the light, sweet crude that we get from fracking, rather than the tar we get from Arabia. All this talk about fracking being dead is just talk; the refiners are already locked into it as a feedstock now.

Similarly, we're gonna take all the gas that gets wasted and burned at the well head, and start using it. As a chemical precursor. Natural gas has the potential to be the primary input in an American synthetic chemistry revolution. A revolution, that groups like Honeywell and Dow are very interested in. Imagine the benefits of an American bulk polymers industry that undercuts the cost of Chinese imports simply by virtue of running of a virtually free feedstock, and not needing to be shipped overseas. And for manufacturing, we can simply send it to mexico through the gulf, have them do low wage labor to make a product, ship it back here, and profit.

Imagine a world where Mexico gets to be our China.

>>20336663
nice just bought 100k

>>20336716
Swingies get the rope

>>20337414
Do you have any specific stocks in those sectors or a resource you can point me towards?

>>20337175
Imagine being this much of a cuck. Precisely why I refuse to buy TRON

>>20337449
swingies get the rope.
yeah, they gonna choke.
swingies get the rope.
they're forever broke.
swingies get the rope.
stupid fucking bloke.

>>20336716
I bought link at 15 cents. I'm still waiting to sell at the low.

>>20337556
Eastman Chemical in Kingsport TN was talking about this right when the shale boom took off, and was looking toward a future of American chemical exports in the 2020s.
>http://egon.cheme.cmu.edu/esi/docs/pdf/SiirolaNaturalGas.pdf

Studies about how to secure and use fugitive gas emissions had been commissioned by Total, BP, and Exxon, and from what they published they all want in on this. It's hard to give a specific stock pick simply because this shift is going to be so big, most companies can't afford to miss out on it. I'd have to find the one company with its head in the sand refusing to adapt and tell you to ignore them.

That said, I'm not saying to short foreign energy companies, so long as they don't primarily want to sell to America, and can off load to Asia, where they'll pay any price for it.

>>20337175
What's a contradiction?