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Ep 390. The Omaha Experience: Our Take on Berkshire’s AGM

Focused Compounding

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Occidental's Decision to Not Own an Oil Company

Berkshire Hathaway won't be making an offer for Occidental, Buffett said. The company has warrants on a very substantial amount of stock at around $59 a share. I think it's possible that they've decided they will not outright own an oil company. They have some politically sensitive things like energy and the railroad.

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