
Why Warren Buffett Keeps Betting on Occidental Petroleum Amidst Market Slump
Berkshire Hathaway increased its stake in Occidental Petroleum to 28.3% by purchasing over 763,000 shares for $35.7 million. Despite a 32% drop in Occidental’s stock price, Warren Buffett remains confident, capitalizing on market downturns. Berkshire’s involvement in Occidental includes a $10 billion