Today, The Panic-Proof Portfolio (Stockchase Research) and Michael Decter commented about whether JPM-N, DSG-T, TD-T, AAPL-Q, SOBO-N, WELL-T, ENB-T, LLY-N, MSFT-Q, NVDA-Q, BRK.B-N, SGY-T, SLF-T, ONIT-N, PBR-N, STCN-Q, IMMR-Q, ACWI-Q, CGRE-T are stocks to buy or sell.
He sold at higher levels than current. There's no investment money flowing into the oil patch, because international investors perceive the federal government as hostile to energy. No buyers. Surge is well run, drills great wells, pays a good dividend and buys back stock.
Buffett holds $300 billion, but he's holding some serious stock positions. It's great to ride along with one of the greatest investors of all times, and the extra cash provides a hedge. If there's a dip, Buffett is in a great position to buy. He expects a dip, but not a crash. Recent earnings season was overall positive.