Excerpts from Warren Buffet Letters

So, I decided to share with you some interesting information, knowledge from Warren Buffet Letters since the 1980s. I will be sharing more as I read the letters. The following are interesting ones. Of course, if you need much better understanding and get to learn more, you should read the whole letters. I pretty much…

5 June 2017

OPEC and major Non -OPEC countries agreed on cut extension going all the way to Q1 2018. The market, however, did not respond too enthusiastically as prices had already adjusted. Instead, now, prices are down by 5% as many believe cut deal is not enough for balancing. Even low inventory levels did not help much.  My hopes…