Occidental Petroleum (OXY) is not just another oil company. It’s a heavyweight in fossil fuel production, chemicals, and carbon capture

Investors' cash holdings are at a 15-year low — according to Bank of America's global fund manager survey — while Warren Buffett's Berkshire Hathaway (BRK-B, BRK-A) holds a record high of $325 billion in cash.

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The Omaha, Nebraska-based conglomerate scooped up 763,000 shares of the Houston-based oil and gas producer on Friday for $35.7 million, according to a filing.

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.

An attendee holds a cardboard cutout of Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc. Photo credit: Getty Sometimes I perk up when I realize I’ve published my newsletter every day for nearly a year,

Instead, the “Oracle of Omaha” has become a “committed” and “long-term” investor in a handful of Japanese companies.