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Re: fung_derf post# 774

Tuesday, 08/09/2022 12:01:39 PM

Tuesday, August 09, 2022 12:01:39 PM

Post# of 1127
Munger recently thanked today's gamification stock flippers for making it cheap and easy for BRK to acquire control of a blue chip oil stock like OXY. Years ago such shares would be "locked away" for decades by institutional holders and rarely trade.

As for projections, I've heard OXY's breakeven is very low compared to other majors.

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