伯克希尔 2023 年致股东信·补录 2 · 沃伦·巴菲特

At yearend, Berkshire owned 27.8% of Occidental Petroleum’s common shares and also owned warrants that, for more than five years, give us the option to materially increase our ownership at a fixed price. Though we very much like our ownership, as well as the option, Berkshire has no interest in purchasing or managing Occidental. We particularly like its vast oil and gas holdings in the United States, as well as its leadership in carbon-capture initiatives, though the economic feasibility of this technique has yet to be proven. Both of these activities are very much in our country’s interest.

出处： https://www.berkshirehathaway.com/letters/2023ltr.pdf
定位：2023 Chairman's Letter, additional excerpt 2 · 核对日期：2026-10-19 · 核验：短摘录

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伯克希尔在2023年底持有西方石油约27.8%的普通股，还持有认股权证，可以在五年多里以固定价格大幅增持。但巴菲特明确说：虽然很喜欢这笔持股和这个选择权，伯克希尔却无意收购或管理西方石油。他看重的是两点：一是该公司在美国拥有大量油气资产，二是它在碳捕集技术上处于领先地位，尽管这项技术在经济上是否可行还没被证明。这两件事都符合美国利益。对普通投资者的启发是：看好一家公司，不等于要控制它；可以只做少数股东，分享它核心资产和长期方向带来的价值，同时承认新技术的不确定性。

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出自巴菲特2023年致股东信，解释伯克希尔对西方石油的持股立场和看好理由。

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