RE:RE:Larry Berman on BNN Berman is a conservative fund manager. For him to make a sweeping comment like that ignores the fact the commodity in question is increasing in value daily. What he should have said was IF the commodity trades at $90, in HIS opinion, oil companies are fully valued. And then he should have explained WHICH oil companies specifically are fully valued since Canadian mid-tier companies are trading on average at a 2 multiple. In addition, during the last oil bull, he had doubts that oil would break $60 and if it did, he didn't feel it would maintain that level for long. So...Well you know...Do your own research.