Warren Buffett's big bet on Occidental Petroleum stock (OXY stock) Deep value & higher oil prices

Warren Buffett's Berkshire Hathaway has a big bet on Occidental Petroleum (OXY stock). This includes a $10bn preferred paying 8% interest, $5bn in stock warrants (to buy the common stock around $60 per share) and another $1bn+ in recent OXY purchases. This suggests two things: 1. Warren Buffett thinks higher oil prices are here to stay and 2. OXY is still dirt cheap. Thanks for watching! ... Website: https://www.unrivaledinvesting.com 🐦 Twitter: @UnrivaledInvest All it takes is finding one MULTI-BAGGER to potentially change your life JOURNEY. For those interested in following my personal financial JOURNEY as I look for these potential MULTI-BAGGERS go to: https://www.unrivaledinvesting.com Here’s a CATALOGUE of all my EXCLUSIVE JOURNEY videos: https://docs.google.com/spreadsheets/d/184N4ocJes2BFfiixRf_cANsl6Tf-Y_Nekv0bdKU6z9Q/edit?usp=sharing DISCLAIMER: This video is purely for informational and educational purposes. This is NOT investment advice. You should not treat any opinion expressed by Daniel or Unrivaled Investing as a specific inducement to make a particular investment or follow a particular strategy but only as an expression of opinion. Daniel and Unrivaled Investing are not under any obligation to update or correct any information provided on this website or in these videos. Daniel and Unrivaled Investing’s statements and opinions are subject to change without notice. You should be aware of the real risk of loss in following any strategy or investment discussed in this video or on this website. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned by Daniel or Unrivaled Investing may not be suitable for you. Past performance is not indicative of future results.

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