OccidentalResurgence


  • Boring Oil Is Exactly the Point — And Buffett Knows It

    Boring Oil Is Exactly the Point — And Buffett Knows It

    Oil is boring again. And that’s exactly why Warren Buffett keeps buying it. While Wall Street obsesses over AI chips and whatever crypto ETF launched this week, Buffett is quietly sitting on roughly 265 million shares of Occidental Petroleum — about 28% of the company — plus $8.5B in preferred stock and warrants that would…