Buffett says he dumped entire stake in airline-sector stocks: 'I just decided that I'd made a mistake...The world changed for airlines' amid coronavirus
Warren Buffett says Berkshire Hathaway dumped all of its holdings in the airline sector, painting a grim picture of the industry that has been badly hurt by the COVID-19 pandemic. "I was wrong about that business," Buffett said, speaking on Saturday in Omaha, Neb., at Berkshire's annual shareholder meeting, which was held virtually due to the deadly disease.
Sunday, May 03, 2020
New KCI Doomed Part Deux: Buffett Dumps Airline Stocks Amid Industry Crash
Special thanks to TKC readers for sending this fact check which might offer a hint that people with REAL MONEY know better than so many online bloggers, consultants, pundits and keyboard warriors. Checkit: