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.
