TIP468: Why Buffett is Investing in Oil Companies W/ Josh Young

<p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><ul><li>03:15 - Why the price of oil has been experiencing 30% swings in Q2.</li><li>07:23 - How the war between Russia and Ukraine has been affecting the oil and gas markets.</li><li>26:50 - How interest rates continue to climb could affect the supply and demand of oil.</li><li>31:06 - Recession risks for oil and why some smaller producers are experiencing very low valuation multiples.</li><li>53:39 - Why Buffett’s Berkshire Hathaway has now invested $26B into Chevron and $13B into Occidental and shows no sign of slowing down.</li><li>56:40 - How retail investors can think about investing like Buffett with a much smaller portfolio.</li><li>1:08:10 - A forecast for airline stocks.</li><li>And a whole lot more!</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Bison Interests' <a href="https://bisoninterests.com/" rel="noopener noreferrer" target="_blank"><strong>Website</strong></a>.</li><li>Josh Young's <a href="https://twitter.com/Josh_Young_1?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" rel="noopener noreferrer" target="_blank"><strong>Twitter</strong></a><strong>.</strong></li><li>Bison's<strong> </strong><a href="https://bisoninterests.com/content/f/buffett-buys-oil-gas-stocks" rel="noopener noreferrer" target="_blank"><strong>Research</strong></a> on Buffett</li><li>Trey Lockerbie <a href="https://twitter.com/treylockerbie" rel="noopener noreferrer" target="_blank"><strong>Twitter</strong></a>.</li></ul><p><br></p><p><strong>NEW TO THE SHOW?</strong></p><ul><li>Check out our&nbsp;<a href="https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/" rel="noopener noreferrer" target="_blank"><strong>We Study Billionaires Starter Packs</strong></a>.</li><li>Browse through all our episodes (complete with transcripts)<strong>&nbsp;</strong><a href="https://www.theinvestorspodcast.com/we-stud