Have Billionaire Investors Written Off Energy Sector?
Billionaire investor Carl Icahn boosted his position in eBay in the fourth quarter, after demanding the company split its businesses. Meanwhile, have other activist investors written off the energy sector? David Benoit joins MoneyBeat.
“Our favorite holding period is forever,” is one of Warren Buffett’s favorite sayings. That may be true, but not in the case of energy giants ExxonMobil and ConocoPhillips