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Warren Buffett and Charlie Munger endorse long-term investments in Occidental and Chevron, citing Occidental's strong position in the Permian Basin and Chevron's overall positive outlook. CNBC's Yun Li discusses Buffett's Chevron stake, highlighting the billionaire investor's confidence in the oil sector despite market volatility. The focus is on long-term holding strategies rather than speculative trades.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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