Buffett’s $10 Billion Energy Deal Is a Mistake
Investing legend Warren Buffett just revealed that his firm is spending a whopping $10 billion to buy natural gas assets.
Normally, I agree with Buffett’s moves. But this time, I think he’s making a huge mistake.
That’s because energy investors should focus on the renewables market instead, as I do in my Automatic Fortunes research service.
In today’s Market Insights video, my colleague Brian Christopher and I discuss the latest projections for the energy sector, and why those who invest in the right companies stand to make an absolute fortune.
Editor, Automatic Fortunes
My career on Wall Street started while I was in college. I spent a summer interning for Merrill Lynch in the middle of the ‘90s bull market. I was fascinated with trading, and as a result, after college, I joined Salomon Brothers in the famed mortgage bond trading department. Later, I spent time at Citigroup working with credit derivatives. Eventually, I needed to walk away from the excess of Wall Street. That’s when I joined Banyan Hill in 2017. Now I help readers get ahead of the market and build their retirements.