PetroChina was a very good investment for him with the selling value being a big reason behind this. But OXY doesn't look like an investment he will exit. 25% ownership currently with the possibility of going to 50%. It would be hard to liquidate that if it comes to it
@InvestingwithTom
Жыл бұрын
Good points. Will be watching closely how it all plays out!
@Nemi51500515
Жыл бұрын
Another great case study!
@InvestingwithTom
Жыл бұрын
Thanks! :)
@livelive7938
Жыл бұрын
谢谢 thank u
@andreade6228
Жыл бұрын
Great content as usual, may I ask your opinion about Buffett's returns being influenced by the size of his shares? I recently found an oil company to follow, did not bought in the end and the stock did 2x but 8x in such a short period of time it's almost inexplicable to me ( and he even said to have sold too soon 😂).
@soup100
Жыл бұрын
yeah. I remember the PetroChina trade. The free cash flow yield on that baby was SICK! And he sold too soon! The stock kept going up. LOL
@InvestingwithTom
Жыл бұрын
Yeah, it did eventually fall off a cliff though
@Aotearoa-NZL
Жыл бұрын
eventhough we want electric cars, solar,win ,hyderogen power but it will take very very long time for entire population depend on then, meanwhile petrol still play major role for our energy needs, so what would be your pics of petrol stock that listed on NYSE?
@Cama5555
Жыл бұрын
Great video Tom! Why are foreign oil companies so cheap right now ? Any ideas ?
@InvestingwithTom
Жыл бұрын
Don't know how easy it is to lump everything into a single basket, but presumably expectations for lower earnings moving forward given a drop in oil prices. Who knows!
@davidglad
Жыл бұрын
Not sure about other continents, but the idea seems to be a mix of Europe's politics/policies in those operating markets. While the institutional base in Europe likely also doesn't like oil companies. Although Canada purportedly also seems to have their companies trading cheaply.
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