We used to hold Anadarko Petroleum Corp. (APC) before OXY acquired it with backing from Buffett and BRK. APC was a very successful company and profitable investment. OXY took on a ton of debt to get the deal done, but with BRK's backing and continued increasing of its stake, and with BRK buying OxyChem with OXY using those proceeds to any down even more of its debt, OXY is now on stronger footing with a much stronger balance sheet and controls a very valuable franchise. I tend to follow most of BRK's largest holdings on my iPhone stock market app.
It is literally impossible for Berkshire to maintain the exact strategy Warren and Charlie were using. I'm starting to think towards the end Munger was the more prudent investor. I have feared over the last 10 years that platform trading would change trading in the market. Now I think AI will. The government needs more controls in place.
Berkshire's Deal for Accidental Chemicals Unite is a Winner as Chemical Stocks surge (Barrons today). Not to mention that BRK's large position in OXY common shares is +43.5% over the last 3 months