In the midst of the energy transition and renewable energies, the legendary investor, Warren Buffett, has invested more than $35 billion in the oil industry through Berkshire Hathaway. Specifically, he has made a large investment in shares of Chevron and Occidental Petroleum, two of the largest producers in the Permian basin, the great oil heart of the United States.
Now, why is Warren Buffett betting so heavily on a sector that many consider dead? What are the biggest risks and the biggest opportunities that we can find when investing in crude oil? What exactly is the reality of this industry? We tell you all the details in this new video here on If I Had Known.
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Content created by Mutuativos and narrated by Alayans Studio.
