One of the best stocks to buy and hold forever is none other than Buffett's largest personal holding, Berkshire Hathaway. Buffett took control of the once-struggling textile mill in the 1960s and reallocated the cash flows to better businesses. The result is a large collection of outstanding companies that generate $452 billion in trailing revenue.

Key Takeaways Warren Buffett’s Berkshire Hathaway purchased 763,017 shares of Occidental Petroleum on Friday for $35.7 million, according to a regulatory filing Tuesday.The investment firm has grown its stake in recent years,

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