The Oracle's New Energy Picks

Every quarter, investors and firms with more than $100 million have to file the Form 13F, which details equities they recently bought or sold. Warren Buffett's Berkshire Hathaway filed its report, showing that the Oracle moved away from tech bellwether Intel and picked up a few stellar energy companies in National Oilwell Varco and recently-spun-off Philips 66. Watch the video below for more information on these great energy companies, as well as some reasons why Buffettfinds them attractive. 

Berkshire Hathaway is the perfect example of a stock that you can purchase and not think about until you retire comfortably. We all would like to build long-term wealth and retire well. For this reason, we have a free report, "3 Stocks That Will Help You Retire Rich," in which we reveal stocks that could help you build capital, as well as some winning wealth-building strategies. Click here to keep reading.

Austin Smith owns shares of Berkshire Hathaway and Intel. Joel South has no positions in the stocks mentioned above. The Motley Fool owns shares of Berkshire Hathaway, Intel, and National Oilwell Varco. Motley Fool newsletter services recommend Berkshire Hathaway, Intel, and National Oilwell Varco. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story