Does Buffett have a 'surprise or two' left in him? Followers celebrate his latest $9.7B acquisition before he retires

Berkshire Hathaway, with Warren Buffett still at the helm, announced on Oct. 2 its acquisition of OxyChem, Occidental Petroleum’s chemical business, for $9.7 billion in cash. Throughout his lifetime, Buffett has stood by the tenets of value investing — seeking out companies with stock prices that are lower than the intrinsic value of the business. Must Read According to Lawrence Cunningham, a corporate director who has written multiple books on Berkshire Hathaway, this deal fits well into the company’s ...