Recently, the global financial market can be said to be very thrilling, because even the value investor Warren Buffett is "fooling around"!

Thirty-three days after his last position was beheaded, Buffett cut the meat of aviation stocks and was ridiculed as "Ba Jiute". Buffett cut the meat again. This time, he cut the bank shares, and new york Mellon lost more than 6,543,800 yuan! Moreover, even if he failed to copy low twice, Ba Lao was not idle and decisively entered the oil!

Last time I lost money on aviation stocks, many people said that Ba Lao should not cut the meat before being taken over, but Dong Ge said the reason why Buffett did so. The fact is that even if the company is saved, the old shareholders are dead. It can be said that these historical lessons are shocking. Buffett hasn't changed. This is not a short-term operation at all. It is a textbook-like case of error correction, which can go down in history and is a classic value investment.

The reason for the sale is that the old bus realized its misjudgment and decided to correct it immediately. This is the real stock god. If you find that the bargain-hunting is wrong, stop the loss quickly. This is execution!

This time, the operation of the meat-cutting bank shares can be said to be the same as the last meat-cutting aviation shares, which is based on Ba Lao's misjudgment of this incident, thinking that it may be just a trivial matter, but he did not expect that things would develop beyond his imagination. In fact, at the beginning of this incident, China people didn't expect it to develop like this, so this is based on the previous misjudgment.

As we all know, Buffett is a value investor, and he is best at buying cheap and high-quality enterprises after the plunge. He succeeded in bargain hunting during the financial crisis in 2008! He once said that you must be stingy, even if you have good assets, don't pay too high a price for it, that is, it is most appropriate to wait until you have a reasonable valuation, especially when you underestimate it.

Buffett's buying aviation and banking stocks is the logic of underestimation. However, under the catalysis of this special situation, his favorite business was affected. International flights were grounded, and the bad debts of banks became more and more serious, so he saw this change, admitted his mistake and stopped it in time.

Man is not a god, nor is Buffett. Just as Buffett once interviewed the meltdown of US stocks, Buffett said that the epidemic and the collapse of oil prices were not so bad. But he also said that he lived for 89 years and saw it for the first time. I also saw his mistakes in judging the situation, but overall, Ba Lao is still a big winner with hundreds of billions of cash.

Regarding the doubts caused by Buffett's operation, the Secretary-General said that perhaps all this will not be revealed until the shareholders' meeting in May.

Now, everyone seems to care. After cutting off aviation stocks and banking stocks, Ba Lao entered oil stocks. What do you think of this? Can you make oil this time?

Will Buffett's March into oil begin?

When it comes to Buffett's entry into oil stocks, the first thing that comes to mind is whether PetroChina can also bargain-hunting.

After all, PetroChina is a pain point for many people. 13 went public, with a market value of only one-tenth and a drop of five and a half maotai! With the recent plunge in international oil prices, PetroChina, which has never bottomed out, is still hitting a new low!

As for Buffett's bargain-hunting oil stocks, in fact, as early as the end of April 2065438+2009, Buffett's Berkshire acquired 80 million shares of western oil companies with a face value of/kloc-0.00 billion, 8% accumulated dividend preferred stock and 62.5 US dollars per share. However, a series of events, such as high-priced mergers and acquisitions, negative public opinion reports, potential risks of changing directors, and the collapse of the crude oil market, have made the share prices of western oil companies "halved" within one year. At the critical moment, Buffett began to bargain for the second time.

So, has the crude oil after the plunge achieved "no small success"?

Let's first look at the reasons for this round of oil decline. Has the international oil price bottomed out? The decline in oil is due to the planned increase in oil production by oil-producing countries to resist economic shocks. The decline in oil demand has led to a sharp drop in oil, and the international oil price has dropped from $70 to $20!

At present, the oil market is facing the biggest uncertainty in decades and is attacked by both supply and demand. Last month, the negotiations on OPEC+production reduction agreement broke down, and the joint production reduction countries headed by Russia and Saudi Arabia began to increase production from the end of March. The supply side that was originally oversupplied was further under pressure, and this year's form once again hit the global oil demand.

At present, many people can't sit still after the oil price plummeted, so everyone has discussed how to save the oil price. As a result, oil-producing countries will discuss reducing production by up to 20 million barrels, Russia will reach a production reduction agreement, and OPEC+framework agreement will reduce production by 6.5438+million barrels per day. As soon as the news came out, WTI crude oil rose by 10% and Brent crude oil rose by 7. 1%.

The production reduction agreement has come out, which is a boost to the national oil price. The sharp rise and fall of oil prices should come to an end!

But if it is rising, it will not rise much. The global oil producers' demand for production reduction this time is 20 million barrels per day, and it is still uncertain whether it can reach 20 million barrels per day. And now the market demand is weak, the new energy boom, the reduction of production is just a drop in the bucket, the demand can not keep up, so the expectations are not so high!

Now that the international oil price has been analyzed, what about the A-share oil sector?

The most representative is PetroChina. At present, the share price of China Petroleum has hit a new low, or it is the result of gradually reducing the allocation of institutions. Although the position is low enough now, there may be a rebound, but why waste the cost on assets that may not win the market?