Berkshire, Exxon, Durable Competitive Advantages And A Valuation TailGuest Post
Recently, Berkshire's portfolio shows a new position of 40.1 million shares valued at $3.4 billion in ExxonMobil (NYSE:XOM). ExxonMobil is the largest of the vertically integrated oil companies. It is also the second largest publicly-traded corporation in the world by market cap and revenue. With a market value of $417 billion, ExxonMobil has longevity, and it pays a 2.7% dividend yield.
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