Between May 2, when NOW (DNOW) released its first-quarter results, and May 23, its implied volatility fell from 43.7% to 39.1% and its stock price rose ~5.4%.
CFI mainly includes capital expenditures (or capex) that a company makes towards growing its business. It also includes a company’s asset acquisitions.
This series studies National Oilwell Varco’s financial performance over the last seven years to help you understand why the company has earned the privilege of becoming a Buffett stock.
Berkshire Hathaway has reduced its position in ConocoPhillips (COP). The position now accounts for 0.11% of the fund’s 2Q14 portfolio—down from 0.74% in 1Q14. ConocoPhillips is an independent exploration and production company.
Berkshire Hathaway significantly lowered its position in Graham Holdings (GHC). The position now accounts for 0.07% of the fund’s 2Q14 portfolio—down from 1.15% in 1Q14. Graham Holdings is a diversified education and media company.
