1 of Warren Buffett’s last moves
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Through his holding company, Berkshire Hathaway, Buffett regularly buys and sells a variety of stocks. But one of his recent sell-offs has some investors feeling anxious about what it might signal for the future of the market. Here's what you need to know.
Legendary investor Warren Buffett has been steadily unloading stocks at Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) while amassing a massive cash reserve, sparking questions about a potential market crash.
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Warren Buffett's Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) announced Thursday it reached a deal to buy Occidental Petroleum’s (NYSE:OXY) petrochemical unit, OxyChem, for $9.7 billion in cash. Shares of Occidental rose 1.7% to $48.54 in premarket ...