Berkshire Hathaway Seems Headed for a 20% Stake in Occidental

Berkshire Hathaway has rapidly increased its stake in Occidental Petroleum to 17.4% in recent trading sessions and seems headed toward a 20% interest that would allow Berkshire to reflect a proportional share of the big energy company’s earnings in its profits.

There is speculation that Berkshire Hathaway is buying more Occidental Petroleum stock Tuesday amid a sharp pullback in energy stocks keyed off a large decline in the price of oil. It held 163.4 million shares of Occidental on Friday.

$Warren Buffett Portfolio (LIST2999.US)$ $Berkshire Hathaway-A (BRK.A.US)$ $Berkshire Hathaway-B (BRK.B.US)$ $Occidental Petroleum (OXY.US)$ $Apple (AAPL.US)$ $Coca-Cola (KO.US)$ $Bank of America (BAC.US)$

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whqqq : Just watch all time high is coming. Buffet always gets in before a massive ramp.

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whqqq : Now it has exceeded 19%!

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areecep

Some famous words of Buffett. I hope it's useful to you. : )

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