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Warren Buffett Has Been Betting Big on Oil. It’s Time to Find Out Why Berkshire Hathaway Made This Bet.

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Not long ago, Warren Buffett seemed like he was mostly done with oil stocks. The renowned investor lost big on an oil-company investment in 2008, and bailed out of another in 2014. He assured his shareholders he had learned his lesson.

Then, last year, Mr. Buffett built up a fresh $39 billion bet.



Not long ago, Warren Buffett seemed like he was mostly done with oil stocks. The renowned investor lost big on an oil-company investment in 2008, and bailed out of another in 2014. He assured his shareholders he had learned his lesson.

Then, last year, Mr. Buffett built up a fresh $39 billion bet.

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