BRK debate, page-51

@Dredd84
his only fair argument is if oil price drops we wont be profitable - no S**T right you can apply that to ANY business if your margins are cut in then you might not make a profit - i right now freight costs are killing retail margins and destroy forward guidance.

All business has risk, the question this bloke totally side stepped is what is the OUTLOOK - in oils case it is far more likely to rise then fall below $40USD and NGL same thing for at $2 - if anything Oil is tipped to hit +100USD and NGL is on a trajectory to over+6 dollars.

He made no acknowledge of that matter of fact he 'wrote off the Oil and ngl' sector totally. how can you say i have no interest in investing in the oil and NGL right now? you would have to be a clueless fool how can this bloke be an analyst? does he not realise investing is about future outlook?Ill give you the ultimate example - there was search engines before google that failed based on this idiots logic he wouldnt of invested in google even though they had a clear strategy because Lycos, or AltaVista failed in the past.

absolute spud bear case imho