Monster insider trade alert by Warren Buffett

Warren Buffett's Investment Strategy - Warren Buffett made a significant purchase of 8 9 million Occidental Petroleum (OXY) shares at an average price of $45 99 between December 17 and December 19 [1] - The $409 million investment in OXY stock was notable for its timing as the shares were at their lowest point since February 2022 [2] - By January 17 Occidental Petroleum had risen 13 72% from the purchase price resulting in a $55 million gain for Buffett [3] Factors Influencing OXY Stock - The investment in OXY stock was influenced by the anticipated shutdown of Russian gas transit through Ukraine starting January 1 which increased the EU's reliance on American fossil fuels [5] - Potential US sanctions against Serbia's NIS Petrol due to its Russian Gazprom ownership structure also played a role in the investment decision [6] - The combination of the Ukrainian gas transit shutdown and sweeping sanctions in January led to a substantial increase in oil prices further boosting OXY stock [8] Broader Investment Trends - Buffett's OXY stock purchase was part of a larger investment spree following significant selling in Q4 2024 [10] - Other major investments during this period included a $90 million investment in VeriSign (VRSN) and a $107 million purchase of Sirius XM (SIRI) stock [11]