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Confidence men never went away, they just made their con "too big to fail" (lemmy.world)

submitted 10 months ago* (last edited 10 months ago) by [email protected] to c/[email protected]

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[–] [email protected] 0 points 10 months ago (1 children)

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/

[–] [email protected] 1 points 10 months ago* (last edited 10 months ago)

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