The Hammer

Is ConocoPhillips a Potential Multi-Bagger?

I amazes me that people write these articles then disclose they own 0 shares??
COP has made some quality acquisitions, but mulva's timing is rather poor. In addition, When oil and Nat gas were sky rocketing in price over $100 and $12 mcf I wrote an email to the Board of directors telling them that they should hedge some production something like 25-50% and let the rest float with the market.. My main reason was that the oil prices was above the inflation adjusted highs and the company just made a few large acquisitions and it would be prudent to lock in some production to pay down debt , continue the dividend and maybe even buy in a few shares of stock. i received some non-sense email back stating that investors wanted the oil price to float and that they should hedge against it if you wanted.

What a bunch of dolts on the board!

Enough with the Buffett Critics

vader you misinterpretated my statement. 100k is a bargain but he invests alongside sleezy firms like Goldscum craps. All I heard and read is about partnering with quality ethical people but then he goes invests with these slugs with our money? this investment helped keep the scum organization afloat. I would rather take a slight hit to my investment (brkb) than keep this sleezy firm (gs) in existence.
I consider some of his comments lately to be sexist also. If any other investors or commentator made the same comments they would be baked over the coals. He has been getting a free pass lately with some of his statements.

Enough with the Buffett Critics

Being a Buffett follower for many years, i have become disappointed in him. Besides parading across the tube with all the led women anchors on business shows, he should spend more time running the company. Yes he has made a number of mistakes.
He rarely criticizes anyone.....a true politician. He continues to favor continual bailouts eventhough future generations are getting raped.

"I personally believe that without government intervention, the banking system would have collapsed. Many financial experts believe this to be true.." many of these fionancial experts work for wall street ponzi banks and have a major vested interest in keeping the ponzi scheme alive. And many of these twits did not warn of this major financial mess when it was unfolding for the last decade or two. WHO cares what these twit experts say?

It remains to be seen whether it would of been better to let all these bloated financial institutions allowed to go belly up especially the smartest of them all. The govt could of easily backed savings accounts and deposits, money markets and kept the banks that were managed with appropriate risk alive to keep finance alive.

As regarding Buffett, he is not paying much if any estate taxes, he is giving it away so why does he give a damn if a parent wants to max their gift to their children. he has a personal accouint of over $300 mil or so so he is loaded even making 100k a year.