2024-05-05 16:06:00 ET
Warren Buffett isn't shy about making big bets. Within Berkshire Hathaway 's portfolio of publicly traded stocks, just 10 positions comprise more than 90% of its invested capital.
One of those positions is Occidental Petroleum (NYSE: OXY) . Buffett and Berkshire are betting on this company in a far greater way than most investors realize.
According to the most recent filings, Berkshire's publicly traded portfolio is worth around $350 billion. It's important to note that this is just a piece of Berkshire's total asset base. It has, for example, complete ownership over dozens of additional businesses whose value is not included in this figure. Still, this $350 billion portfolio is a great way to see what Buffett and his investment team are backing.
For further details see:
How Much Money Does Warren Buffett Have Invested in Occidental Petroleum?