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<a class="text-blackLight no-underline font-extrabold" style="font-weight: 800; color: #3C4857; color: rgba(60, 72, 87, 1); text-decoration: none;">
TOGETHER WITH
</a>
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Hi Sarah, here's what you need to know for
<strong>
October 2nd
</strong>
in
<strong>
3:06 minutes
</strong>
.
</p>
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<span class="font-normal" style="font-weight: 400;">
Warren Buffett’s Berkshire Hathaway is closing in on its biggest deal in three years
</span>
</li>
<li class="text-body leading-normal" style="margin-bottom: 8px; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; font-size: 16px; line-height: 1.5;">
<span class="font-normal" style="font-weight: 400;">
Here's how our investing picks have done so far –
<a class="text-primary underline font-medium" style="font-weight: 500; color: #204CE9; color: rgba(32, 76, 233, 1); text-decoration: underline;">
Read Now
</a>
</span>
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<span class="font-normal" style="font-weight: 400;">
European bank stocks outdid the broader market, boasting their 12th-straight winning quarter
</span>
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🥐 Finimized over a cinnamon pastry at
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); text-decoration: underline; font-weight: 500;">
Lagkagehuset
</a>
in Copenhagen, Denmark (
<b>
☀️
</b>
11°C/52°F)
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My Chemical Romance
</span>
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<img alt="My Chemical Romance" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FEditorial-011025-ChemicalBuffett.original.jpg%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D7f14c5a549809caa96a4e6a12704dfe5/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NTkzOTIzODMuNzk3MDQ1Mn0:1v4EKV:E4iPy46mlpyP5uyo_Gka-cYCCuauvJzJymhz8K-kFnE" style="border:0;border-radius:4px;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
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<h4 class="text-body" style="font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; font-weight: 700; line-height: 1.25; margin-bottom: 16px; color: #171E27; color: rgba(23, 30, 39, 1); font-size: 16px; font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; margin-top: 0;">
</h4>
<p style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
</p>
<p data-block-key="sh56p" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
What’s going on here?
</b>
</p>
<p data-block-key="5n9is" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
Warren Buffett’s Berkshire Hathaway is deepening a long-running affair with Occidental Petroleum, potentially scooping up its petrochemical unit OxyChem for $10 billion.
</p>
<p data-block-key="38ic1" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
What does this mean?
</b>
</p>
<p data-block-key="7nu3k" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
Occidental’s one of the biggest American oil and gas producers, worth roughly $46 billion. Berkshire’s familiar: it owns 28% of the firm’s stock.
</p>
<p data-block-key="5urkq" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
▶ You can think of OxyChem as Occidental’s side piece. To its credit, the chemicals division made nearly $5 billion in sales over the past year.
</p>
<p data-block-key="1tbpc" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
▶ Still, breaking things off with OxyChem would help Occidental pay down some of its debt – which the firm would welcome, after shelling out nearly $11 billion to buy oil producer CrownRock last year.
</p>
<p data-block-key="ce7i7" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
Why should I care?
</b>
</p>
<p data-block-key="bu3ra" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
<i>
For markets:
</i>
</b>
<i>
The Oracle sees an opportunity.
</i>
</p>
<p data-block-key="aeutp" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
You can see why Berkshire’s entertaining the deal – which, by the way, would be its biggest in three years.
</p>
<p data-block-key="b5mtl" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
▶ The conglomerate’s under pressure to spend more of its record $344 billion cash pile. Plus, Buffett’s previously shown interest in chemicals, buying American firm Lubrizol in 2011.
</p>
<p data-block-key="9lapn" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
▶ It may be time to revisit that passion. US policies are calling for stronger domestic supply chains: fresh funding, tariffs, and incentives are designed to bring more production stateside. That could increase demand for basic chemicals – like what OxyChem makes – used to treat water, recycle batteries, and enable manufacturing.
</p>
<p data-block-key="5gm3u" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
<i>
Zooming out:
</i>
</b>
<i>
Loyalty’s subjective.
</i>
</p>
<p data-block-key="85g0q" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
Companies like ExxonMobil and Chevron are shedding their side businesses, too. Makes sense: American oil output has risen 50% over the past ten years to reach record levels. All that supply has brought crude oil’s price down to a relatively low $66 a barrel. So firms are cutting costs to protect their profits. And jobs are on the chopping block: Exxon alone has trimmed nearly a fifth of its workforce in the last decade.
</p>
<p style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
</p>
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<p data-block-key="arelz" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
<b>
You might also like:
</b>
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); text-decoration: underline; font-weight: 500;">
A Buffett-worthy company with a near monopoly, hiding in plain sight
</a>
.
</p>
</div>
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FROM OUR RESEARCH DESK
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How Our Research Picks Have Held Up: October 2025
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Russell Burns
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The
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Finimize Research Drops
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are officially a year old. (Yeah, they grow up so fast.) And we figure it’s time for some real report cards.
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So starting today, the analysts – myself included – will deliver a
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Our Research picks have delivered an average absolute annualized return of 46%,
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outperforming
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their benchmarks by 23%. And if you look only at the “hit rate” – that is, the percentage of ideas that actually made money – the stats are even rosier, at 81%.
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That’s today’s Insight:
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a look back at our investing picks – and how they’ve done so far
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.
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Through Tradu, you’ll get
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It’s the same research institutions use to spot market shifts early and trade with conviction.
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<b>
What’s going on here?
</b>
</p>
<p data-block-key="9d9m0" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
An index tracking European banks rose for the 12th quarter in a row, with investors salivating over the bread the sector keeps serving up.
</p>
<p data-block-key="dkmgv" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
What does this mean?
</b>
</p>
<p data-block-key="286q0" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
Europe’s banks have been one-upping their profit outlooks lately. That’s a contrast to most firms in the region’s Stoxx 600 index, whose earnings have stayed pretty flat.
</p>
<p data-block-key="8utvm" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
▶ Most of the banks’ cash came from higher trading revenue and fees – enough to more than make up for the impact of lower interest rates.
</p>
<p data-block-key="1i5ar" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
🔺 So investors have happily sent the
<b>
Stoxx 600 Banks Index
</b>
up 48% this year – far more than the main index’s 10% gain.
</p>
<p data-block-key="5s2mf" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
▶ Even after this rally, European banks are trading for around a third less than the broader Stoxx 600. Plus, they’re set to hand shareholders more than $176 billion this year via dividends and share buybacks.
</p>
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⚠️ Lower interest rates have pros and cons for banks. Sure, they can lower banks’ income on their loans – but they also support the wider economy, spurring on their other divisions. But with recent data showing inflation largely under control, the European Central Bank will likely keep rates steady for now.
</p>
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<b>
Why should I care?
</b>
</p>
<p data-block-key="2cq84" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
<i>
The bigger picture:
</i>
</b>
<i>
It’s redemption time.
</i>
</p>
<p data-block-key="eegkv" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
During the 2008 financial crisis, the countries facing the most severe economic and financial challenges were given a somewhat derogatory label: PIIGS. (That’s Portugal, Ireland, Italy, Greece, and Spain.)
</p>
<p data-block-key="959ao" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
🔺 But so far this year, these mostly Southern European nations have been leading the region’s market: Greece's main stock market index is up 38%, Spain’s 34%, and Italy’s 25%. In comparison, France has only managed 8%.
</p>
<p data-block-key="fd7mn" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
▶ The country has struggled to rein in its high government borrowing, which is undermining its economic outlook. Worrying about a full-on crisis, many investors are protecting themselves with safe-haven assets – and that’s one reason gold’s price has been pushing higher.
</p>
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QUOTE OF THE DAY
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"God gives the nuts, but he does not crack them."
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– Franz Kafka (a Czech writer and novelist)
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🎯 On Our Radar
</p>
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1.
<b>
No yeah, she’d totally love you in real life.
</b>
It’s not you: we all have
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
a weird thing for a fictional character
</a>
.
</p>
<p data-block-key="bi309" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
2.
<b>
The Wonderful Ten.
</b>
Take a break from the Magnificent Seven and
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
check out other firms with major disruptive potential
</a>
.
</p>
<p data-block-key="fofrh" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
3.
<b>
Talk about “full send”.
</b>
Startup SendIt made the ultimate poor PR move,
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
tricking kids and breaking data laws
</a>
.
</p>
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*
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🎙 Finimize Live
</p>
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Grab your free tickets...
</h4>
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🔭
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
How To Spot The US Market’s Hidden Gems
</a>
: October 7th
</p>
<p data-block-key="5qpiq" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
🚀
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
Modern Investor Summit 2025
</a>
: December 2nd and 3rd
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You stay classy, Sarah 😉
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Image credits: Midjourney | Midjourney
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