Buffett sold down about, just shy of a fifth of the Chevron stake he'd accumulated. He added 2.2 million shares in 2023, May 2023 at an average price of $58.52. Berkshire also owns about 9.3 billion of 8% preferred stock from Occidental Petroleum. The company is redeeming those preferreds and paying Buffett 10% more to get out that got till 2029 before redemption.
Late Monday Berkshire-Hathaway filed a 13-F with the SEC, so we're taking a closer look at what they've been buying and selling.
(00:21) Jim Gillies discusses: - Home Depot's lackluster 1st-quarter results masking an otherwise strong business - Capital One getting a boost from the Oracle of Omaha - The surprising energy stock the Berkshire Hathaway team took a stake in
(19:15) Alison Southwick and Robert Brokamp dip into the mailbag to answer your questions about investing, retirement, and more.
Companies discussed: HD, BRK.A, BRK.B, COP, USB, BK, TSM, RH, BAC, OXY, AAPL, HPQ, ATVI, VTS
Host: Chris Hill Guests: Jim Gillies, Alison Southwick, Robert Brokamp Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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