Wednesday, August 21, 2013

Warren Buffett Loves This Stock: Suncor Energy (NYSE: SU)

“Rule number one is never lose money. Rule number two is never forget rule number one,” says Warren Buffett.

He’s not just blowing hot air, either.

For proof, look no further than the performance of his holding company, Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B). With Buffett at the helm, Berkshire shares outperformed the S&P 500 60 times between 1965 and 2005.

No wonder why, when Buffett makes a move on a stock, the world watches.

Of course, I’m not just waxing on about Buffett’s greatness. (There’s enough nauseating hero-worship out there as it is.)  (more)

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