Mobil

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Nov 18, 2025 by Charlie Munger · said 3 times in 3 episodes since 2024 · across every show →

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brought up most by Brad Jacobs (2), Charlie Munger (1)

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Everything said about Mobil, oldest first

Nov 18, 2025 negative
Assertion Not checkable as stated
Munger: Oil companies copied fertilizer acquisitions without reason, ending in disaster
“Big shot businessmen get into these waves of social proof. Do you remember some years ago when one oil company bought a fertilizer company? And every other major oil company practically ran out and bought a fertilizer company. And there was no more damn reason…”
Charlie Munger Nov 18, 2025 ▶ 48:01 Charlie Munger: The Psychology of Human Misjudgment [Outliers]
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