Group 1: Investment Strategy - Warren Buffett is a value investor focusing on undervalued businesses with solid fundamentals and a competitive advantage [1] - Throughout 2024, Buffett and Berkshire Hathaway have been net sellers, indicating a bearish outlook despite holding a record cash position [1] Group 2: Recent Investments - Buffett made significant investments in Occidental Petroleum, purchasing 8,896,890 shares valued at approximately $409.15 million between December 17 and December 19, with prices ranging from $45.54 to $46.91 per share [13] - Buffett also invested $107.23 million in SiriusXM, acquiring 4,963,844 shares at prices between $20.84 and $22.49 during the same period [6] - Additionally, a $45.4 million investment was made in Verisign, purchasing 234,312 shares from December 17 to December 19 [9] Group 3: Company Performance - Occidental Petroleum's stock is down 22.20% year-to-date but has beaten earnings expectations for three consecutive quarters [4] - SiriusXM has experienced a significant decline of 59.26% in share value since the beginning of the year, yet it holds a unique position as the only licensed satellite radio operator in the U.S. [15]
Warren Buffett just loaded up on these 3 stocks