Warren Buffett May Be Underestimated, But He Won’t Be Denied
Warren Buffett’s favorite oil stock is enjoying a strong rally today, and it’s one of several signs that the Oracle of Omaha’s luck could be shifting.
July 21, 2020 No Comments
Warren Buffett’s favorite oil stock is enjoying a strong rally today, and it’s one of several signs that the Oracle of Omaha’s luck could be shifting.
The coronavirus-fueled demand destruction has caused oil stock Occidental Petroleum to plunge. Warren Buffett’s Berkshire Hathaway is left holding the bag.
After oil prices plunged, Occidental Petroleum emerged as one of the hardest hit. Warren Buffett might want to re-think this 2019 investment.
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