Birkshire / Buffett dumps huge position in BigOil (Exxon/XOM + COP). Is the reason LENR?

Hmmm. The really long view investor Warren Buffett, close friend of Bill Gates, is exiting a HUGE position in Exxon (XOM). Anyone surprised?


Berkshire was Exxon’s sixth-largest shareholder before liquidating its position, and the stake counted as the eighth-largest (3.7%) in the portfolio run by Buffett and lieutenants Todd Combs and Ted Weschler. The firm also exited its remainingConocoPhillips COP -0.59% position, which it had been cutting back for the past several years and amounted to just 471,994 by Sept. 30, less than 0.1% of the Berkshire stock portfolio.

Blackrock following LENR closely since at least 2012

As you might remember I noticed that within minutes after the Lugano Report was realeased it was downloaded by an IP-number owned by Blackrock.

Today I got this link from a reader to a report published by Blackrock as early as june 2012. They obviously have been following Rossi and the E-cat closely since the start. Are you surprised?

Well I’m actually a little bit surprised that they are so open about it. But then again, the Big Banks short position in oil is public domain on Problem is, very few are listening…  (click on the quote to open the Blacrock shale/energy report)

We are closely following start-ups experimenting with new technologies such as low-energy nuclear reaction and fusion. If successful, these efforts could completely change the current status quo and hurt traditional energy producers. It is worth watching this space. People tend to overestimate what can be done in a year, but underestimate what can happen in a decade. …


Sifferkoll “Crude LENR Hypothesis” Covered by Mats Lewan on the Blog

I’m honored to see that Mats Lewan has chosen to cover my hypothesis on the influence of LENR on the oilprice.

Here is a link to the Mats Lewan article.

Here is a link to my original article from March 7th, 2013.



I also put together a longer term chart of the S&P 500 index vs. Oil. It’s kind of fun to look at it in real numbers…


allthough a logscale might be more relevant…