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2016-01-15 Economy
What would Warren do? Buy more Phillips 66
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Posted by Besoeker 2016-01-15 05:17|| || Front Page|| [1 views ]  Top

#1 Last dividend was what, 2.4% ? Refiners make about a penny per gallon. I don't think that it depends on the feedstock price. Exxon pays a dividend also.
Posted by Sven the pelter 2016-01-15 07:10||   2016-01-15 07:10|| Front Page Top

#2 WB has always been a "buy in when they're down" kinda guy. BNSF, Dairy Queen, etc.
That's how you aquire equity.
Posted by ed in texas 2016-01-15 08:16||   2016-01-15 08:16|| Front Page Top

#3 Buffet at his best was a yield chasing investor in straightforward sectors.
Lower prices tend to mean higher yields.
Posted by Bright Pebbles 2016-01-15 08:55||   2016-01-15 08:55|| Front Page Top

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