[DoubleK]

Originally Posted by Slava

A lot of people have been waiting for Warren Buffett to do something during this market period, and it appears that he has. Berkshire Hathaway sold holdings in Delta and Southwest Airlines. Apparently they're fearful when everyone else is...well, fearful!

And apparently took that money and bought this:

A curious rally took hold this week, led by the oil sand’s two biggest names – Suncor and Canadian Natural Resources, which rose by 37 per cent and 45 per cent, respectively, in just two trading days. Trading data show an enormous level of buying in those two stocks – about $1-billion worth in two days – rumoured to be on behalf of a single U.S. investor. In stock forums and on Twitter, speculation swirled that Warren Buffett was the man behind the big trade in the oil sands.