KMI. Long-term outlook.

[Jamie J.]

Now the oil and gas market is not in the best situation. But is it worth to buy shares of KMI, as Warren Buffett has done? Will people be able to make money in the future in spite of difficult time of the company?

 

[felixbocharov]

Warren Buffett loses money very rarely, if he makes something than probably there is a good reason behind the move.

 

[marcoPolo21]

investing in Energy might not be a bad bet, but
be prepared to hang on for the long term

marc

 

[Jamie J.]

investing in Energy might not be a bad bet, but
be prepared to hang on for the long term

marc

In any case, difficulties and excitement await us. I think "value" of the stock is the most important point here.

 

[Jamie J.]

Warren Buffett loses money very rarely, if he makes something than probably there is a good reason behind the move.

And what do you think? How do you assess the prospects of the company for a few years?

 

[felixbocharov]

And what do you think? How do you assess the prospects of the company for a few years?

For the next few years it will be fine, but in a scale of 10-15 years, the oil industry will decline in its size, and decline significantly. I've visited Austria right now and more that 50% of the energy they use is renewable, I was really impressed.