BillR

Should We Buy the PetroChina Stock Buffett Sold?

As others have already pointed out, Buffett sold because he didn't want to be associated with the leading company funding the genocide in Darfur. Pressure on this stock will increase as others become aware of this issue and act on it.

Consider the Fidelity funds shareholder proposal where 27/28% of the shareholders in funds voting so far have voted to become genocide-free (and therefore dump PTR).