Warren Buffett’s Berkshire Hathaway sold the “big four” airline stocks in April, the famed investor revealed at Berkshire Hathaway’s annual meeting on Saturday.
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Warren Buffett’s Berkshire Hathaway sold the “big four” airline stocks in April, the famed investor revealed at Berkshire Hathaway’s annual meeting on Saturday.
“It turned out I was wrong,” Buffett said about his decision to invest in the airlines. The companies are well managed and the CEOs “did a lot of things right,” he continued, but “the airline business… changed in a very major way.”
Berkshire’s first-quarter earnings revealed that it sold $6.
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USA — Financial Warren Buffett's Berkshire Hathaway ditched the 'big four' airline stocks in April,...