Buffett increases western oil, S & P 500ETF (513500) rose 2.06%

In the early trading, the S & P 500ETF (513500) fluctuated upward, rose by more than 2%, the turnover exceeded 80 million, and the transaction was active. Recent funds have continued to inflow. Among the ingredients stocks, DXC Technology led 5.98%, and Western oil, APA, Flyinga, Geely Germany science, etc. followed up; Meisheng, Anjin, CF Industry, Silicon Valley Bank and other leading declines.

In August, the Federal Energy Management Commission (FERC) approved Berkshire to hold up to 50%of Western oil shares. Since Berkshire's first investment three years ago, this year has been expanding its holdings of Western Petroleum Corporation.

The issue of Buffett's Western oil. According to the latest form released by the Western Oil website on September 9, Buffett's shareholding ratio of the company exceeds one -quarter. Increase to 26.8%.

From the perspective of capital investment, traditional energy such as oil has been marginalized. Therefore, the possibility of a substantial rebound in traditional energy supply is weak. Before renewable energy is independent, the global energy market will maintain a situation of insignificant supply. This may be the core logic of Buffett's continuous increase in western oil.

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