Phillips 66: Warren Buffett’s Newest Pick

A few weeks ago, I wrote an article about Phillips 66 (NYSE: PSX) and its competitive advantage and valuation that makes it a great buy, both as a company and as a stock. Warren Buffet seemed to agree, as he announced that Berkshire Hathaway is selling shares of ConocoPhillips (NYSE: COP) to buy those of … Continue reading Phillips 66: Warren Buffett’s Newest Pick


Wake Up and Smell the Starbucks

Last week, the markets were in terrible shape off disappointing U.S. data and worldwide economic instability. The US economy added a mere 69,000 jobs in May and the unemployment rate rose for the first time since last June to 8.2 percent. The Dow Jones industrial Average plunged 275 points (-2.22%) on Friday, putting it in … Continue reading Wake Up and Smell the Starbucks