OXY Occidental Petroleum Corporation

Valuation

Big Five 3/15 tests ≥10%

Discussed on InvestED 6 episodes

• 368 · Market Timing and Inflation
  Continuing the 2022 Berkshire recap, the hosts argue that Buffett's well-timed cash comes from refusing to buy at high prices, not from forecasting, show with American Express how holding a great business compounds, and read Buffett's deflection on inflation by what he bought (Chevron, Occidental).
• 282 · Investing Q&A: Company Valuation
  In a Q&A with Danielle recovering from COVID, Phil answers a question about betting on carbon-capture technology through an oil major and one about routine CEO share sales, and explains why both come down to what you can really understand and verify.
• 369 · Market Timing and Inflation (Part 2)
  In the last of the 2022 Berkshire-meeting recaps, Phil and Danielle cover why cash is "oxygen" (and means Treasury bills), how to buy a falling market in tranches without timing it, why Phil's two big mistakes are buying too little and selling too soon, and why you must be ready to act big when the
• 395 · Riding the Backwards Bike
  Phil argues that investors schooled in modern portfolio theory are stuck in a paradigm like a "backwards bike", that pure buy-and-hold can mean 20 years of nothing, and that three exit styles all depend on the one skill that matters: buying a great business on sale.
• 399 · Four Buckets Part 2
  Phil fills in what tends to do well in each of the four economic quadrants, links the last decade's boom to falling interest rates, and says that for his own investing he prefers anti-fragile companies bought cheaply.
• 457 · Stop the Insanity
  Phil uses a doubling-bet golf story and Buffett's penny to argue that compounding requires holding what you understand through price swings, defines an investment as an asset that produces owner earnings, then finishes the matrix's right side (watch list) and the pitch-deck habit.