SU Archives - Market Mad House

Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

The Real Reason Warren Buffett Sold Exxon-Mobil: Saudi Arabia

February 26, 2015February 18, 2016 daniel Berkshire Hathaway, BRK.A, BRK.B, COST, Disruptive Technology, Elon Musk, ExxonMobil, SU, Suncor, Warren Buffett, XOM

Buffett’s move shows us the future of oil; it’ll be drilled in safe places like Canada while investors leave the Middle East to burn.

ISIS Attacks Saudi Arabia

January 30, 2015February 5, 2016 daniel Benjamin Graham, Berkshire Hathaway, Chesapeake Energy, Chevron, CHK, COST, Disruptive Technology, ISIL, ISIS, Islamic State, Keystone Pipeline, Koch Brothers, Oil, Saudi Arabia, SU, Suncor, Tesla, Value Investing, Warren Buffett, XOM

Strangely enough, the United States and Canada and some U.S. oil companies might benefit if ISIS attacks Saudi Arabia and destroys its oil fields.