BuffettWisdom
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Buffett’s Oil Bet Is a Bet Against the Energy Doom Narrative
Warren Buffett just made it clear: he’s not done with oil. And he’s definitely not done with Occidental. After Berkshire closed its $9.7B acquisition of OxyChem in January and kept its roughly 29% common stake in OXY intact (32%+ if you count warrants), the message isn’t subtle. Buffett isn’t trading this thing. He’s building around…
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Buffett Isn’t Timing Oil — He’s Pricing Your Patience
Warren Buffett just tightened his grip on Occidental Petroleum. Again. And when the most patient capital allocator on Earth keeps buying the same oil stock, traders start asking the obvious question: Is this a green light — or a classic late-cycle head fake? Here’s the scorecard. Berkshire now owns roughly 27% of OXY’s common stock…
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Buffett’s Oil Bet Isn’t About Crude — It’s About Cash
Warren Buffett doesn’t make impulse buys. So when he keeps piling billions into Occidental Petroleum (OXY), it’s not a casual fling with Big Oil — it’s a calculated bet. The real question isn’t why he’s buying. It’s whether the rest of us should follow. Here’s the thesis: Buffett isn’t just betting on oil prices. He’s…
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