Buffett's Strategy: No Berkshire Buybacks in Q3 2024

Warren Buffett, known for his cautious investment approach, has not repurchased Berkshire Hathaway shares in the third quarter of 2024, signaling his view that current stock valuations, including Berkshire's, may be too high. Despite being a net seller in recent years, Buffett remains interested in certain stocks, such as Occidental Petroleum, which he regards as a 'forever stock' due to its strong U.S. oil and gas holdings and outstanding management. Additionally, Warren Buffett's investment principles are reflected in Validea's analysis of companies like LAM Research and Microsoft, both of which scored highly on the Patient Investor model, a strategy inspired by Buffett's focus on long-term profitability and reasonable valuations. These assessments highlight Buffett's enduring influence on investment strategies and his preference for firms with predictable earnings and low debt.