“Warren Buffett Continues 24-Quarter Streak of Investing in This Stock – And It’s Not Occidental Petroleum”

Warren Buffett has notably invested over $83 billion in Berkshire Hathaway shares over 24 consecutive quarters, a trend initiated in July 2018 when the company’s board eased buyback criteria. This allowed Buffett to repurchase shares without limitations, provided that Berkshire maintains a minimum of $30 billion in cash and that the shares are deemed intrinsically undervalued. This approach has not only heightened the ownership stakes of investors but also enhanced earnings per share (EPS) by decreasing the total number of outstanding shares. Buffett’s ongoing buyback strategy highlights his confidence in Berkshire’s long-term growth potential.

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