BP‘s (LSE: BP) CEO Bob Dudley has been saying some very dire sounding things about the oil market right now, describing the sector as in the midst of a ‘raging storm’ and predicting low prices will last. But could this be an opportunity rather than a threat for the FTSE behemoth?
Should You Buy BP Plc In The Eye Of The Storm?
VIDEO: One Fool puts BP plc (LON:BP) under the spotlight.
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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