25 April 2024
ANALYSIS: Warren Buffett takes haircut on sale of Occidental stock dividends
Publication date: 19 August 2020
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The so-called ‘Sage of Omaha’ does not always get it right. Warren Buffet’s US investment conglomerate Berkshire Hathaway has sold all the Occidental Petroleum common stock it received in dividends for its USD 10 billion investment in the US oil and gas company a year ago – but at prices well below what the stocks mogul would have hoped to receive.
The latest 13-F SEC filing from Berkshire Hathaway (BH) shows