Warren Buffett's Favorite Stock Buy: Not Chevron or Occidental Petroleum

Reported 10 months ago

Warren Buffett, CEO of Berkshire Hathaway, has drawn attention by consistently outperforming the S&P 500 over almost 60 years. Despite his well-known investments like Chevron and Occidental Petroleum, Buffett's favorite stock is actually his own company's shares, which he has been purchasing for 23 consecutive quarters since July 2018. This strategy of share buybacks has been significant in increasing Berkshire Hathaway's value and rewarding long-term shareholders.

Source: YAHOO

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