formthirteen Posted December 29, 2024 Posted December 29, 2024 (edited) On 12/23/2024 at 3:02 PM, Blake Hampton said: From the 17th through the 19th, Buffett bought almost 9 million shares of OXY stock. Since the 10-day average volume is about 14.5 million shares, that means Buffett bought approximately 20% of all the shares traded in just those three days. I find it interesting because I can recall him explaining how he bought 20% of the volume the first go-round. Is this a limit for him? Does he start experiencing problems when he tries moving above this figure? Do you mean 20% per day or 50% total? BRK has government approval to buy up to 50% of OXY. Stock ownership: August, 2022: 20% December, 2023: 27.8% December, 2024: 28.15% 2023 letter: Quote This year, I would like to describe two other investments that we expect to maintain indefinitely I will be buying OXY in 2025. Edited December 29, 2024 by formthirteen
Blake Hampton Posted December 29, 2024 Posted December 29, 2024 10 hours ago, formthirteen said: Do you mean 20% per day or 50% total? BRK has government approval to buy up to 50% of OXY. Stock ownership: August, 2022: 20% December, 2023: 27.8% December, 2024: 28.15% 2023 letter: I will be buying OXY in 2025. I mean 20% of OXY’s daily volume.
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