Quote Originally Posted by Balance View Post
Don't speak too soon!

"Berkshire holds significant stakes in four major carriers – American Airlines (NASDAQ:AAL), Delta, Southwest Airlines (NYSE:LUV) and United. In percentage terms, Berkshire owns between 8.8% and 11.2% in the four carriers. At American, Southwest and United, Berkshire is the second-largest shareholder. Mar 17, 2020"
Yes I read recently about Warren's change of heart on Airlines. However, I saw an article that said on 5th March 2020 Warren had lost $3b on his EOCY2019 position. That was with his stakes in the airlines down about 14%. The market decline in airline shares has subsequently extended to be three times that amount. So Warren must have lost about $9b by now. That is a big price to pay for not getting through to the airoholic hotline!

SNOOPY