Buffet's successes in the resource sector demonstrate that you should buy when prices are low, the sector is out of favor, company cash flows are still stable, and companies are selling for less than its book value.

Is Warren Buffett Wrong About Oil Stocks?

By Oilprice.com --John Manfreda—— Bio and Archives--April 2, 2015

Global Warming-Energy-Environment | Comments | Back To Full Article

Recently, Warren Buffett has made headlines by selling all of his shares in Exxon Mobil (NYSE: XOM), the rest of his position in ConocoPhillips (NYSE:COP), and reducing his stake in National Oilwell Varco. This has people wondering if the glory days of oil investing are over.

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