Buffett Strikes Again! Using Bull Call Spreads to Follow His Moves?
@OptionsAura:
“Be fearful when others are greedy, and greedy when others are fearful.” Warren Buffett’s timeless investment mantra has proven true once again. Last week, during a three-day sharp decline in the U.S. stock market, Buffett’s Berkshire Hathaway seized the opportunity to acquire shares in multiple companies, investing a total of over $560 million.Buffett’s Latest MovesAccording to regulatory filings, Berkshire Hathaway increased its holdings in the following companies during last week’s Tuesday to Thursday trading sessions:Occidental Petroleum (OXY): Added 8.9 million shares worth approximately $405 million.Sirius XM: Added 5 million shares worth approximately $113 million.VeriSign: Added 234,000 shares worth approximately $45 million.These companies have faced significant challenges recentl