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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: CrankyCharlie   😊 😞
Number: of 15062 
Subject: Re: OXY investment
Date: 05/07/2023 9:29 AM
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Why does Warren say they have no interest in buying OXY after accumulating a 20+% in the equity and a large pfd investment which is equal in size to the common stock investment? Who is he talking to? Who benefits? Maybe he's talking to Chevron. They got outbid by OXY for Andarako. There was always talk in the industry that Chevron would but the bigger OXY. If you're Chevron, did Buffett give you a 'green signal'. Making sense to me. If CVX buys OXY, Warren owns a much bigger entity in oil/gas. Was selling Chevron a 1st step in this process? Really thinking on this. And he's not going to sell OXY. Warren is too big in it. Would crush the stock.
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