Buffett takes $3.7 billion stake in Exxon Mobil

[Range]

Of course I have, but I've never bragged about Buffett (or any other top investor) buying a stock because of my analysis. His analysis, frankly, was quite garbage.

And that line about MCDs made my day. What a clown.

Of course hindsight is 20/20 eh. But to invest in companies with those fundamentals..how can you call yourself a value investor and do that I do wonder.

Pretty sure that was a joke about Buffett reading his analysis.

I don't get how he's a clown for wondering why Buffett doesn't own MCD.

So basically you chastise Buffett for investing in XOM as well, with the line "how can he call himself a value investor"?

+1

Plus, XOM is down about 5% (when you account for dividends) since bmichaud made his comment while oil prices have dropped about 55%. 

Such a terrible pick!!!

[Mephistopheles]

Of course I have, but I've never bragged about Buffett (or any other top investor) buying a stock because of my analysis. His analysis, frankly, was quite garbage.

And that line about MCDs made my day. What a clown.

Of course hindsight is 20/20 eh. But to invest in companies with those fundamentals..how can you call yourself a value investor and do that I do wonder.

Pretty sure that was a joke about Buffett reading his analysis.

I don't get how he's a clown for wondering why Buffett doesn't own MCD.

So basically you chastise Buffett for investing in XOM as well, with the line "how can he call himself a value investor"?

+1

Plus, XOM is down about 5% (when you account for dividends) since bmichaud made his comment while oil prices have dropped about 55%. 

Such a terrible pick!!!

lol

It's so ridiculous to see a guy with 23 posts come on here and start throwing insults to long standing members. Not to mention the criticism isn't even deserved in this case.

[bmichaud]

Not only was it a joke (what anonymous online medium isn't primarily) XOM literally could not have been a better "value" investment with oil down almost 50%.

And since we are using 20-20 vision, please go back to late the 2013/early 2014 Sandridge Energy (SD) thread for my "analysis" on why DVN was a far and away superior investment to SD at the time given the downside protection its balance sheet and valuation would provide in this environment...

Honestly don't even know what to say about McDonalds LOL.

[petec]

YES because the more you post, the more correct you are...

No, but:

1) I thought it was fairly obvious that bmichaud was joking re: Buffett taking his advice and recognising that would have helped you avoid irritating people when you (I hope) didn't intend to.

2) slagging off someone else's analysis without providing any of your own doesn't earn you a lot of respect in most places (especially here, where many of us have come to respect bmichaud's thoughts).

P

[Mephistopheles]

So basically you chastise Buffett for investing in XOM as well, with the line "how can he call himself a value investor"?

Given how Buffett sold out his XOM stake, I don't think I would be the only one chastising him for the purchase...

On second thought, you're right on this one. How the hell Buffett goes around claiming to be a value investor after daring to invest in a horrendous business such as XOM, I don't know. That Buffett is the greatest value investor of all time is the greatest misconception of modern times. The man is an outright scam.

Disclosure: Short XOM and BRK.A

[karthikpm]

Mephistopheles

Warren claims to invite a bear on Berkshire to their panel at the AGM... Ever considered going ?

[merkhet]

Mephistopheles

Warren claims to invite a bear on Berkshire to their panel at the AGM... Ever considered going ?

Mephistopheles is being sarcastic.

[karthikpm]

Mephistopheles

Warren claims to invite a bear on Berkshire to their panel at the AGM... Ever considered going ?

Mephistopheles is being sarcastic.

I was just playing along 

[merkhet]

Mephistopheles

Warren claims to invite a bear on Berkshire to their panel at the AGM... Ever considered going ?

Mephistopheles is being sarcastic.

I was just playing along 

Damn, hoodwinked, lol.