SiriusXM (NASDAQ: SIRI) stock jumped in Thursday's trading after the company published better-than-expected fourth-quarter results. The satellite radio specialist's share price closed out the daily session up 5.

Many experienced economists and investors today take inspiration from Warren Buffett’s strategies. His focus on value investing played a key role in building his fortune.

Buffett invested in Heinz in 2013 and two years later, Heinz merged with Kraft Foods. He bought 326 million shares during this merger at a cost of around $24.6 billion. He has held on to that stake, which is now worth $11.4 billion.

Since launching a new stake in the U.S. oil producer Occidental Petroleum ( OXY -2.09%), Berkshire has bought the stock like there is no tomorrow. Occidental is the sixth-largest position in Berkshire's portfolio, and Berkshire now owns over 28% of outstanding shares.

As of the third quarter of 2024, Berkshire owned 118,610,534 shares of Chevron, and the company’s annual dividend of $6.52 per share translates to a staggering $773.3 million in dividend income for Buffett’s firm this year.

Warren Buffett isn't known for his growth investing. Most experts would classify him as a value investor. But as Buffett has reminded us in the past, value investors aren't just about buying cheap stocks. They're interested in buying companies at a discount to their future valuation, even if that means paying a premium today.

Fact checked by Stella Osoba Warren Buffett has increasingly argued in recent years that it's not just the ubiquitous sports betting apps that have made your phone a pocket casino. In his 2024 annual letter to shareholders,

Warren Buffett, one of the world’s most successful investors, recently shared his wisdom on estate planning. His advice provides a framework for families of all income levels to discuss finances and prepare for the future.