Reported about 8 hours ago
Warren Buffett, CEO of Berkshire Hathaway, has made a significant investment of nearly $91 billion in two stocks since 2018: around $78 billion in repurchasing his company's own shares and an estimated $12.9 billion in Occidental Petroleum. Despite recent trends of selling stocks and high market valuations, Buffett's confidence in these investments reflects his belief in their long-term potential, particularly in the context of rising crude oil prices affecting Occidental's operations.
Source: YAHOO