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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: BandonDunes ✧  😊 😞
Number: of 12509 
Subject: Re: Occidental Petroleum
Date: 09/27/2024 1:31 PM
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No. of Recommendations: 7
Good post! I'm curious why WEB is now sitting on his hands with respect to buying more OXY. If he liked it at $59, he must love it at $50, no? But he is not adding to the position. Does anyone find that to be just a bit unusual?
Then again Warren has an interesting history with energy stocks. Over the years that I have owned BRK he has had a position in XOM, COP, PSX, CVX and now OXY. He sold XOM almost as fast as he bought it, took a significant write-down in COP, built up a 14% position in PSX only to sell the entire position WAY TOO EARLY, seems to sell bits and pieces of CVX every quarter and now is no longer adding to OXY.
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