March 1 2024- Warren Buffett, in his latest letter to shareholders of Berkshire Hathaway, praises Occidental Petroleum as a potential long-term investment, aligning with his philosophy of favoring forever holdings. Buffett, known for investing in high-quality businesses with strong management, drew parallels between Occidental Petroleum and Berkshire’s enduring stakes in companies like Coca-Cola and American Express. The mention suggests that Buffett views Occidental Petroleum as a stock with the potential for lasting value and stability.
https://www.fool.com/investing/2024/02/27/like-coca-cola-and-american-express-warren-buffett/
