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Buffett-Berkshire Sees Another Leg Lower

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c2crusher
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Posts: 1,171

Buffett-Berkshire Sees Another Leg Lower May 3, 2020 12:41:28 GMT

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Post by c2crusher on May 3, 2020 12:41:28 GMT

Brace For A Monday Massacre: Buffett Liquidates All Airline Holdings As Berkshire Sees Another Leg Lower

www.zerohedge.com/markets/brace-monday-massacre-buffett-liquidates-all-airline-holdings-hints-berkshire-remains

"The value of certain things have decreased," Warren Buffett says. "Our airlines position was a mistake. Berkshire is worth less today because I took that position... There are other decisions like that." #YFBuffett

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c2crusher
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Posts: 1,171

Buffett-Berkshire Sees Another Leg Lower May 3, 2020 19:32:34 GMT

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Post by c2crusher on May 3, 2020 19:32:34 GMT

"We were all waiting for Buffett to buy preferred stock in the airlines or Boeing as he did in some banks in ‘08. He didn’t.
Does it mean he thinks this crisis is far worse than the Great Recession and not easily reversible?
My bet is absolutely yes."

Scott Wapner
CNBC

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Buffett-Berkshire Sees Another Leg Lower

Post by c2crusher on May 3, 2020 12:41:28 GMT

Post by c2crusher on May 3, 2020 19:32:34 GMT

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