Here Buffet says us allWell well oil is not bad at allthe oracle gets everthing so very cheaphow i wish i were in his feet .....so what does the oracle have in his mind ....So what is main logic of Buffet going massive longPhillips 66 (PSX) ? He must have got below bargain basement ....cunning old fox !!!!!Buffet will not touch anything unless he is convincedit will be a money tree for atleast 30 yrs?How is he so sure?Will like your thoughts.Here I have about 2.5% in oil refining (India) androughly 2% in proxy.I have here in India piping (proxy)screaming buy ....It looks real real stealShould I go for the kill?But the field is full of debt mines ....Will I blow up while Mr Buffet remains hale and fine?

I thought you were leaving us... yet you persist in posting.

Lithium-ion batteries will drop from $550 per kilowatt hour (kWh) in 2014 to $200 per kWh by 2020Flow batteries have potential to be less expensive than Li-ion in few years.Solar power is doubling every 2 yrs. Ray Kurzwell thinks in 16 yrs we willbe all solar.So why does Buffet buy so much Philips?In long run how can it fulfill Buffet's famine ravished appetite for returns?10 yrs from now what will be break even for shale oil? Is shale oil what Buffet think?Or does he feel Oil at sub 40 for 2 + yrs and middle east goes for atoss ?So supply side constraint ..... price flare up ..... Offcourse crack spread advantage makes Philips good bet over Exxon Mobil etc etc in short term ....Lets say oil goes to 30-40 range .... what implication will it have on petchem/packaging ???? So do I go for proxy in packaging, specialized chem for multibaggers ???Or follow Buffet and go for a refiner with right crack spread ???I respect Kurzwell's vision. So I got some battery and it sizzles big time. Buffet has never failed in big investment.So who is right here? Or somehow both are right and I miss something big?

is your parting gift to us the reading of Buffet's brain ?

DaveAngel my dear friend parting gifts must last in the mind till the endSo I play with you the mind reading game .....The oracle not for nothing has such great fame .....The oracle knows all about oil .....But I know nothing that makes me boil .....Kurzwell thinks battery is the king ....The oracle laughs "you silly thing"Buffet gives tips to treasure hunt ....But if I follow will I loose my pants ?So players in this game .... I mean all of you my dear friends ....the memory of Samudra's parting gift may last till the end ....

QuoteOriginally posted by: daveangelSomehow, I fear not. How come he never gets annoyed with you?

as he's not listening

QuoteOriginally posted by: CuchulainnQuoteOriginally posted by: daveangelSomehow, I fear not. How come he never gets annoyed with you?he reckons I am harmless or armless

QuoteOriginally posted by: daveangelQuoteOriginally posted by: CuchulainnQuoteOriginally posted by: daveangelSomehow, I fear not. How come he never gets annoyed with you?he reckons I am harmless or armlessWhy am I the Evil One then? He's only annoyed with me. I wouldn't hurt a fly. Can I call you sam?

Dr Cuch I can tell you thisC++ I hated but loved the MissYes pointers always got me fixedOnly bikinis got me from being jinxedSo as I stumbled how to make a dimeJava came by just i time Oh boy pointers were so very grim ....Only the blonde babes were source of dreams ....Dr Cuch no hard feelings my dear friend parting gifts must last in the mind till the end

()

QuoteOriginally posted by: samudraLithium-ion batteries will drop from $550 per kilowatt hour (kWh) in 2014 to $200 per kWh by 2020Flow batteries have potential to be less expensive than Li-ion in few years.Solar power is doubling every 2 yrs. Ray Kurzwell thinks in 16 yrs we willbe all solar.So why does Buffet buy so much Philips?In long run how can it fulfill Buffet's famine ravished appetite for returns?10 yrs from now what will be break even for shale oil? Is shale oil what Buffet think?Or does he feel Oil at sub 40 for 2 + yrs and middle east goes for atoss ?So supply side constraint ..... price flare up ..... Offcourse crack spread advantage makes Philips good bet over Exxon Mobil etc etc in short term ....Lets say oil goes to 30-40 range .... what implication will it have on petchem/packaging ???? So do I go for proxy in packaging, specialized chem for multibaggers ???Or follow Buffet and go for a refiner with right crack spread ???I respect Kurzwell's vision. So I got some battery and it sizzles big time. Buffet has never failed in big investment.So who is right here? Or somehow both are right and I miss something big?from off-topicQuoteOriginally posted by: tagomaBuffett takes $4.48 billion stake in Phillips 66QuoteWarren Buffett's Berkshire Hathaway Inc (BRKa.N) disclosed a $4.48 billion stake in oil refiner Phillips 66 (PSX.N), rebuilding a bet it had made in the energy industry before oil prices fell.(snip)Berkshire once held a large stake in the Houston-based company, but shed nearly two-thirds of it in February 2014 when it swapped $1.35 billion of shares for a chemicals business that it folded into its Lubrizol unit.Crude oil prices have since fallen by more than half, though Phillips 66's share price has dropped by less than 1 percent.it's a refiner rather than an extracter, and may actually benefit from low oil prices