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Halls of Shrewd'm / US Policy
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Author: AdrianC   😊 😞
Number: of 80422 
Subject: Re: Buffett Goofed...
Date: 12/19/24 11:25 AM
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Buffett’s behavior meanwhile has been perplexing. Berkshire Hathaway was a steady buyer of the stock from March 2022 through June 2024, often paying around $60 a share. Investors even talked about an Occidental “put” at $60 with Berkshire Hathaway seemingly ready to buy the stock at that level.

The chart ain't so pretty:
https://stockcharts.com/freecharts/perf.php?OXY,CV...

5-year chart showing the COVID slump:
https://stockcharts.com/freecharts/perf.php?OXY,CV...

OXY down 75% in October 2020. How quickly we (or I) forget.
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