Warren Buffett's favorite stock has done an insane 131% this year. Find out if it's worth buying here

If Warren Buffett buys something, it's usually a slam dunk. And this was no different. One of his investments has already made 133% this year! And according to many, there's a very good chance it's far from over! Which company is it?

Warren Buffett is unquestionably the most famous investor of our time

The combination of "great performance" and "stocks" may seem like a pretty unrealistic pairing this year. But despite double-digit losses for the major indices in 2022, there are still some individual stocks that have generated significant gains.

The decline in the index is significant

Occidental Petroleum $OXY A company that has managed to increase its value by 131% this year. It has come to the forefront of investor interest, especially after legendary investor Warren Buffett took notice and added an additional 5.99 million shares to his portfolio, according to a September 28 Securitiesand Exchange Commission report . Since July, Buffett's investment company, Berkshire Hathaway $BRK-B,…

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DISCLAIMER All information provided here is for informational purposes only and is in no way an investment recommendation Always do your own analysis
We all know the good old fable surrounding the great mans name which is that Buffett has been beating the S&P 500 index for a long time Better put Buffett and his Berkshire have generated a compound annual return of 201% since 1965 versus 105% for the S&P 500 This year that return may not be as great but thats due to the size of his Berkshire and not finding as many lucrative investments plus macroeconomic influences
DISCLAIMER All information provided here is for informational purposes only and is in no way an investment recommendation Always do your own analysis
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