Category: Hathaways
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Warren Buffett buys oil stock Occidental, signaling Berkshire Hathaway’s bigger strategy
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The Oracle of Omaha has its sights set on the oil industry. Berkshire Hathaway, the holding company run by investment titan Warren Buffett, has increased its stake in Houston-based Occidental Petroleum, purchasing shares over the past nine trading days to bring its holdings to nearly 29% of the company, according…