Berkshire: -$50 BILLION
- Thread starter Suhrreal
- Start date
Berkshire started aggressively selling off its airline holdings a month ago:
https://www.fool.com/investing/2020/04/06/warren-buffett-sells-airline-stocks-in-an-abrupt-r.aspx
Company-specific announcements of these sales have varied depending on the percentage of stock owned, but I don't think this is going to come as Earth-shattering news tomorrow on Wall Street.
https://www.fool.com/investing/2020/04/06/warren-buffett-sells-airline-stocks-in-an-abrupt-r.aspx
Company-specific announcements of these sales have varied depending on the percentage of stock owned, but I don't think this is going to come as Earth-shattering news tomorrow on Wall Street.
He was quoted he made a mistake buying in Airlines, but that was a easy mistake to make..
He said now they have too many planes and that three, four years from now people will fly as many passenger miles as they did last year.
He said now they have too many planes and that three, four years from now people will fly as many passenger miles as they did last year.