Post #7958 by rnam on the Berkshire Hathaway board

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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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Don’t attribute all the price action to Buffett. Oil futures have gone from $78 to over $82 in the last 5 days. All oil producers are up, not just OXY.

All the buying by Buffett over the last year has had very little impact on OXY share prices. The oil prices and OXY’s acquisition of Crown Rock have been bigger contributors.

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