Should U Follow Warren Buffett to buy Energy Stocks?
@JL28168：
While energy stocks such as Occidental Petroleum and Chevron have crushed the broader markets in 2022, is it worth investing in them? Warren Buffett viewed the recent decline in oil prices as an opportunity to increase exposure to energy company Occidental Petroleum $Occidental(OXY)$(NYSE: OXY). In a regulatory filing on June 22, $Berkshire Hathaway(BRK.B)$(NYSE: BRK.B) declared it purchased 9.6 million shares of Occidental Petroleum for approximately $529 million. Due to rising oil prices, energy companies such as Occidental Petroleum have delivered outsized gains to investors since the bear market of 2020. As a result, OXY stock has increased from $10 in November 2020 to a multi-year high of $70 in