Warren Buffett’s Berkshire Hathaway Buys More Occidental Stock

Text size Warren Buffett’s Berkshire Hathaway purchased more Occidental Petroleum stock. AFP via Getty Images Warren Buffett’s Berkshire Hathaway disclosed the purchase of another large block of Occidental Petroleum stock. Berkshire Hathaway (ticker: BRK.A) paid $250 million from July 11 through 13 for a total of 4.3 million more shares of oil giant Occidental Petroleum … Read more

Berkshire Hathaway’s Warren Buffett: Barron’s Top CEOs 2022

Warren Buffett, CEO of Berkshire Hathaway Steve Pope/Getty Images Text size Warren Buffett is snapping up stocks, buying an insurer at a bargain price, and exciting investors in Berkshire Hathaway . Buffett, who turns 92 in August, had been relatively inactive in the wake of the pandemic, but has sharply picked up the pace of … Read more

Rates Are Rising and Stocks Are Taking a Beating. It Won’t End Soon.

Text size The market reacted violently to the Federal Open Market Committee, which hiked the federal-funds rate target by half a percentage point for only the second time this century. Spencer Platt/Getty Images Uncertainty on several fronts and a fast-changing world—economically, geopolitically, and otherwise—yields known knowns, known unknowns, and unknown unknowns for investors, to cite … Read more

Berkshire Hathaway: Live Coverage of the Annual Shareholders Meeting

OMAHA, Neb.—The Berkshire Hathaway annual shareholders meeting is back in person for 2022, after a two-year pandemic hiatus moved the so-called “Woodstock for Capitalists” online. Warren Buffett addressed the company’s massive stock purchases in the first quarter, the performance of its collection of businesses, and added his signature folksy anecdotes and life advice. Tens of … Read more

Warren Buffett’s Berkshire Hathaway Now Holds $6.9 Billion of Occidental Petroleum After Recent Buys

Text size Berkshire Hathaway CEO Warren Buffett. Saul Loeb/AFP via Getty Images Berkshire Hathaway continued its aggressive purchases of the shares of Occidental Petroleum this week, lifting its stake in the big energy company to $6.9 billion, according to a filing Friday evening.   The buying reflects the enthusiasm of Berkshire Hathaway (ticker: BRK/A, BRK/B) CEO … Read more