Leonardo Ortiz Ordonez
To Whom It May Concern: In the fourth quarter of 2023, Warren Buffett's decision to sell 10 million shares of Apple raised eyebrows, although Apple remains the largest holding in Berkshire Hathaway's portfolio. Simultaneously, Buffett is making aggressive investments in Occidental Petroleum, demonstrating confidence in the future of oil production and betting on carbon capture technology, particularly Occidental's focus on direct air capture (DAC). This move, valued at nearly $14.9 billion, underscores Berkshire's interest in the emerging DAC market, especially after Occidental's acquisition of Carbon Engineering and the development of the Stratos Project.
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