#Follow Warren Buffett's investment strategy Occidental Petr...
#Follow Warren Buffett's investment strategy
Occidental Petroleum: The Core of Buffett's Long-Term Strategy
Of note, Buffett continued to increase his holdings in Occidental Petroleum (OXY) in the second quarter, adding 7.26 million shares, making it the sixth largest holding of Berkshire Hathaway. Buffett mentioned in his shareholder letter that he plans to "hold for the long term," and has already obtained regulatory approval to increase the ownership to 50%. Currently, Berkshire holds approximately 27.3%, demonstrating Buffett's high level of trust in this oil company, especially in the face of global fluctuations in energy demand. The stable operating model and undervalued nature of Occidental Petroleum are particularly attractive. See the following👇
#US stocks can make you rich
Occidental Petroleum: The Core of Buffett's Long-Term Strategy
Of note, Buffett continued to increase his holdings in Occidental Petroleum (OXY) in the second quarter, adding 7.26 million shares, making it the sixth largest holding of Berkshire Hathaway. Buffett mentioned in his shareholder letter that he plans to "hold for the long term," and has already obtained regulatory approval to increase the ownership to 50%. Currently, Berkshire holds approximately 27.3%, demonstrating Buffett's high level of trust in this oil company, especially in the face of global fluctuations in energy demand. The stable operating model and undervalued nature of Occidental Petroleum are particularly attractive. See the following👇
#US stocks can make you rich
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