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Buffett on CNBC Says Not Looking to Invest in Oil Sands Companies
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Appearing on CNBC's Squawk Box, Warren Buffett, discussing his recent visit to the Alberta Oil Sands with Bill Gates, said he is "not actively looking to invest in any tar/oil companies".
The speculation was that the two prominent figures could take stakes in an oil sands company. Stocks such as Canadian Natural Resources (NYSE: CNQ) and Oilsands Quest (AMEX: BQI), a Jim Cramer favorite, saw pops on the news.
Check out StreetInsider.com's entity page on Buffett to check out his entire portfolio of stocks and get real-time news on anything related to the legendary investor.
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