Warren Buffett's Berkshire buys more Occidental after 30% sell-off from record high
1. Berkshire Hathaway bought 763,017 shares of Occidental Petroleum for $35.7 million. 2. Occidental's shares fell 32% from their record high, signaling market volatility. 3. Buffett maintains a 28.2% stake in Occidental, fostering investor confidence. 4. Berkshire also holds $10 billion in Occidental preferred stock and significant warrants. 5. The investment reflects Buffett's long-term bullish outlook despite short-term price fluctuations.