Considering the long term perspective of Buffett's investments, I'd say Bill was spot on. I could say oil companies are equally doomed and in a 10 year perspect

Considering the long term perspective of Buffett's investments, I'd say Bill was spot on. I could say oil companies are equally doomed and in a 10 year perspective I know I am right. That doesn't mean they won't make loads of money the coming few years.