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Warren Buffett Buys Occidental Petroleum (OXY) + Chevron: Big Bet on Oil
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This video discusses Warren Buffett / Berkshire Hathaway buying Occidental Petroleum. This came out via a recent SEC filing. Here, Berkshire Hathaway has bought shares in Occidental Petroleum worth around $5 billion. In addition to the Chevron holdings of around $4.5 billion, this gives a $10 billion bet on oil and gas companies. I discuss those stock purchases, how they have performed, and what could have motivated Warren Buffett's purchase.
Time stamps
* 0:00 Introduction
* 1:44 Warren Buffett's Occidental Petroleum Purchase
* 3:24 Why buy Occidental Petroleum, Chevron, and Oil?
* 10:12 Overall thoughts
#WarrenBuffet #BerkshireHathaway #Oil #OXY
Books
Courses:
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*MY GEAR
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Time stamps
* 0:00 Introduction
* 1:44 Warren Buffett's Occidental Petroleum Purchase
* 3:24 Why buy Occidental Petroleum, Chevron, and Oil?
* 10:12 Overall thoughts
#WarrenBuffet #BerkshireHathaway #Oil #OXY
Books
Courses:
****************************
*MY GEAR
****************************
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