Merriam-Webster defines a republic as “a government in which supreme power resides in a body of citizens entitled to vote and is exercised by elected officers and representatives responsible to them and governing according to law.” In our republic, Democrat activists now aim to eliminate the Senate filibuster, which requires a two-thirds majority to pass…
A Billionaires’ Woke ‘Republic’?
August 25, 2022
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Buffett’s Berkshire Hathaway Wins OK to Buy 50 Percent Occidental Stake
A U.S. energy regulator on Friday gave Berkshire Hathaway Inc., the company controlled by billionaire Warren Buffett, permission to buy up to 50 percent of oil company Occidental Petroleum Corp’s common stock. The Federal Energy Regulatory Commission (FERC) said letting Berkshire add to its 20.2 percent stake was “consistent with the public interest.” Berkshire had…
Buffett’s Firm Buys More Apple, Amazon While Betting on Oil
OMAHA, Neb.—Warren Buffett’s company bet more on high-tech darling Apple during the second quarter, while also investing billions in old-school oil producers Occidental Petroleum and Chevron. Berkshire Hathaway detailed all its second-quarter investments Monday in a new filing with the Securities and Exchange Commission. Wall Street follows Berkshire’s investments closely because of Buffett’s remarkably successful…
How to Focus Your Mind on Building Wealth
There’s a misconception that being wealthy means that you have so much money and assets that you can go for a leisurely “gold coin swim” like Scrooge McDuck. In reality, though, wealth, and building wealth are relative. In fact, it’s been found “that once your income exceeds $75,000 per year, your day-to-day experience doesn’t improve much as…
Warren Buffett’s Company Has Bet $47 Billion on the Oil Sector
August 9, 2022
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Berkshire HathawayBusiness & MarketsCompanieseconomyInvestmentMarketsOccidental PetroleumstocksWarren Buffett
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OMAHA, Neb.—Warren Buffett’s company has bought up more than $11 billion worth of Occidental Petroleum stock this year, giving Berkshire Hathaway control of more than 20 percent of the oil producer. Occidental’s stock rose more than 3.5 percent on Tuesday to $62.18 after Buffett revealed his latest purchases of nearly 6.7 million Occidental shares worth…
Is Warren Buffett’s Interest in Occidental a Bet Against Recession?
Warren Buffett’s near 20 percent stake in Occidental Petroleum has some investors expecting the billionaire to eventually absorb the oil producer and turn it into a “cash machine” that feeds his other investments. Buffett’s Berkshire Hathaway has been snapping up Occidental shares since 2019, when it bought around $10 billion in preferred stock to help…
Warren Buffett’s Firm Buys More Occidental Petroleum Shares
OMAHA, Neb.—Warren Buffett’s Berkshire Hathaway now controls nearly 20 percent of Occidental Petroleum’s stock after picking up another $250 million worth of shares of the oil producer this week. Berkshire has been investing heavily in Occidental this year, including buying up more than $1.2 billion of the Houston-based company’s stock so far this month. After…
G7 to Explore Price Caps on Russian Oil; Ernst & Young to Pay $100M for CPA Cheating | NTD Business
G7 leaders agree to look into price caps on Russian oil. Would it have an impact on Russia’s finances? Warren Buffett is on a buying spree, purchasing hundreds of thousands more shares of an oil company. A prominent crypto hedge fund defaults on a loan worth hundreds of millions of dollars. It’s the latest victim of the…
G-7 to Explore Price Caps on Russian Oil; Ernst & Young to Pay $100M for CPA Cheating | NTD Business
G-7 leaders agree to look into price caps on Russian oil. Would it have an impact on Russia’s finances? Warren Buffett is on a buying spree, purchasing hundreds of thousands more shares of an oil company. A prominent crypto hedge fund defaults on a loan worth hundreds of millions of dollars. It’s the latest victim of the…
Warren Buffett’s Portfolio: Here Are the Stocks Berkshire Hathaway Is Buying or Selling
By Brian Baker From Bankrate.com Warren Buffett is arguably the world’s most famous investor, and his investment moves are closely followed. Each quarter, the company he runs, Berkshire Hathaway, discloses its current holdings to shareholders. Here are some of the changes Buffett and his two investment officers, Todd Combs and Ted Weschler, made during the…
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