Warren Buffett Spends Big as Stock Market Sells Off

The stock market’s selloff has been bad news for most investors.

The Omaha-based company bought 901,768 shares of

Occidental Petroleum Corp.

OXY 8.21%

last week, according to a regulatory filing. The move likely makes Occidental, in which Berkshire began buying shares in late February, one of its 10 biggest holdings.

In the past few months, Berkshire has also boosted its stake in


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