Big Investors Make Big Bets For and Against Energy
Big Investors Make Big Bets For and Against Energy
Major investors made striking bets with their energy holdings in the fourth quarter amid a collapse in the price of oil.
Warren Buffett ’s Berkshire Hathaway Inc. and George Soros ’s Soros Fund Management sold off all their shares in Exxon Mobil Corp. as of Dec. 31, while hedge-fund manager John Paulson made a new bet with 70 million shares in Talisman Energy Inc. valued at $549.1 million.
