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Saturday, February 6, 2016

Warren Buffett's $1 billion bet on oil - Feb. 5, 2016

Oil prices have plunged this year, but Warren Buffett isn't scared. He's bet nearly a $1 billion on the sector since the start of the year.



That's how much Phillips 66 stock Berkshire Hathaway (BRKB) has bought since Jan. 3, according to company filings, the most recent of which was made Wednesday.



Warren Buffett's $1 billion bet on oil - Feb. 5, 2016

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