Enterprising Investor Monday, 08/29/16 12:07:46 PM Re: Enterprising Investor post# 177 Post # of 202 Got it right in 2012. And BRK keeps buying. Quote:Validation! As soon as the spinoff was announced, I immediately wondered which stake would increase over time. My expectation was that future money would go into PSX. I also envisioned a decrease in COP if total funds invested were purely reallocated. COP has to allocate capital to find more oil and gas. PSX is more of a "toll bridge". http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77486521 "Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International