this post was submitted on 29 Dec 2023
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Political Memes

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[–] [email protected] 32 points 10 months ago (3 children)

Why you gotta photoshop Warren Buffet in front of some oil?

He invests in boring slow predictable companies, and not the oil industry.

You should have picked some Web3 joker like SBF or the OpenAI guy.

[–] [email protected] 19 points 10 months ago* (last edited 10 months ago) (1 children)

Also oil, unlike snake oil, is extremely useful and also real.

This meme sucks. Like just write "BAD" on an oil barrel and it's a better meme.

[–] [email protected] 4 points 10 months ago* (last edited 10 months ago) (1 children)

WTF are you talking about? Berkshire Hathaway literally owns 25% of Occidental Petroleum. It’s one of their biggest positions.

[–] [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

[–] [email protected] 2 points 10 months ago (1 children)

This meme screams "I am a moron completely disconnected from reality"

[–] [email protected] 4 points 10 months ago* (last edited 10 months ago)

I wish you a Happy New Year nonetheless!