Warren Buffett is no longer the CEO of Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB).
But his fingerprints are all over how the conglomerate does business
After all, Berkshire’s investment activities are now overseen by a handful of handpicked lieutenants, all of whom spent years working directly with Buffett, mastering his investment style while bringing their own strengths. There are plenty of stocks in Berkshire’s portfolio that Buffett personally selected. One of Berkshire’s biggest positions, in fact, was a favorite of Buffett’s when he was at the helm.
This under-the-radar oil stock remains relatively cheap despite Berkshire’s heavy interest. Warren Buffett loved this oil and gas stock Buffett first bought shares of Occidental Petroleum (NYSE: OXY) for Berkshire’s portfolio in the first quarter of 2019. He massively upped the stake in the fourth quarter of that year, only to sell the entire stake in the second quarter of 2020.