— How could he be buying Occidental, an oil stock, amid a waterfall decline in the commodity? — Everybody knows the greening of the world spells doom for fossil fuels or does it? — Former oil company bad behavior changes in the fight for self-preservation. — My conclusions: Buffett is not mad. Why would Mr. Buffett buy a dirty, cyclical oil…
Tag: alternative energy
Inflation and Interest Rates: “Keep calm and carry on”
— And no, I do not have rocks in my head! — The continuous drone of the media and politicians about inflation and interest rate the horrors of out-of-control energy and food prices is a sentiment killer. — “After you get what you want you don’t don’t want it” — How to prosper from this discussion The…
“I’m done with fossil fuel” stocks
— When I see comments like this, especially from the likes of Jim Cramer (Squawk on the Street, 2/7/20), it gives me pause. — Cramer’s ‘big call’ history is more than a bit spotty. — Flawed as the much-heralded concept of ‘peak oil’ was back in 2008, writing the obituary for thefossil fuels industry may be a bit premature. When…