Warren Buffett, the chairman and CEO of Berkshire Hathaway Inc. and one of the most successful investors in history, shared a remarkable story about an unexpected acquisition in a 2012 interview with Economic Club President David M. Rubenstein. Buffett recounted receiving a letter from an Israeli entrepreneur, ultimately leading to a $4 billion purchase. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest e
Berkshire Hathaway has stepped in again to buy up more Occidental Petroleum shares. One analyst sees $60 as the trigger level for buying.
Berkshire Hathaway (BRK-B, BRK-A) has boosted its stake in Occidental Petroleum (OXY) again. The conglomerate now has a 29% stake in the oil giant. Yahoo Finance's Ines Ferré reports on the latest Berkshire purchase. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.