Warren Buffett's Bold Move: Acquiring a 10% Dividend Yield Stock

Warren Buffett's Berkshire Hathaway purchased just over 51,000 shares in oil and gas company Vitesse Energy (NYSE: VTS) in the first quarter. It's not a significant position for Berkshire -- the current value is just over $1.1 million. However, it is intriguing for retail investors who want to follow the oracle of Omaha into a stock currently yielding 9.5%. So let's look at Vitesse and why it might attract income-seeking investors. 

The stock has all the hallmarks of a Buffett value stock purchase. The key to this argument is as follows:

Image source: The Motley Fool.

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Source Fool.com