Post #13345 by mdtls on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

Unthreaded | Threaded | Whole Thread (2)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 2

Paywall link:

https://www.barrons.com/articles/warren-buffett-er...

<One of Warren Buffett’s worst investments over the past decade has been Occidental Petroleum, whose share price hit its lowest level since 2022 in early trading on Wednesday.

Berkshire Hathaway, where Buffett is CEO, is sitting on about a $5 billion paper loss on the Occidental holding, which totals 265 million shares, or a 28% stake in the big energy company, Barron’s estimates.

Occidental shares were down 1.7% to $35.49 on Wednesday as U.S. crude oil prices fell another $3 a barrel to $57, compared with $70 in late March. Barron’s estimates that Berkshire’s cost basis in its Occidental holding is around $53 a share, based largely on publicly disclosed purchases since Berkshire began buying the stock in 2022.>

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (2)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.