Warren Buffett Invested $58 Billion in This 1 Industry Before Retiring. It’s Starting to Make Sense |
Even after he stepped back as Berkshire Hathaway’s CEO, the Oracle of Omaha’s wisdom is still paying dividends.
BY BRIAN CONTRERAS, STAFF WRITER @_B_CONTRERAS_
Warren Buffett. Photo: AP
In his final years at the helm of Berkshire Hathaway, Warren Buffett started shoveling money into a sector that might have raised some eyebrows: the energy industry, especially oil and gas.
Indeed, a new analysis by markets analysis outlet The Motley Fool estimates that Buffett—the CEO of the investment giant at the time, although........