Trading Ideas
Warren Buffett: Berkshire has dumped its airline stocks, says 'world has changed' because of coronavirus
Berkshire Hathaway chairman and CEO Warren Buffett is out of the airline business. …read more […]
Month: May 2020
Trading Ideas
Warren Buffett on not deploying massive cash pile: 'We don’t see anything that attractive to do'
‘This is a very good time to borrow money, which means it may not be such a great time to lend money. But, it’s good for the country that it’s a good time to borrow money — not good for Berkshire, particularly, although we borrowed some money, so we’ve put our money where our mouth is.’ …read more […]
Trading Ideas
Trading Ideas
Warren Buffett still cites See's Candies as an acquisition he loves, 48 years after buying it
During the Berkshire Hathaway shareholder meeting, CEO Warren Buffett talked about how Berkshire-owned See’s candies has been affected by the coronavirus pandemic. …read more […]
Business News
Berkshire sells entire stakes in U.S. airlines: Buffett
Berkshire Hathaway Inc has sold its entire stakes in the four largest U.S. airlines, Chairman Warren Buffett said Saturday at the company’s annual meeting.
Business News
Warren Buffett says coronavirus cannot stop America, despite huge Berkshire loss
Warren Buffett on Saturday gave an upbeat assessment of the United States’ ability to withstand crises, even as he acknowledged that the coronavirus pandemic could have a wide range of impacts on the economy and his investments.
Trading Ideas
Buffett: Why we sold our stakes in American, Delta, Southwest, and United
Berkshire Hathaway CEO Warren Buffett explains why the conglomerate sold its entire stake in America’s four largest airlines. …read more […]
Trading Ideas
Trading Ideas
Warren Buffett: 'Never, ever bet against America'
Billionaire investor Warren Buffett on Saturday highlighted the progress that the U.S. has made on gender and racial equality since the nation’s founding but acknowledged the country is “far, far, far from what we should be.” …read more […]
Trading Ideas
Warren Buffett: I don't know what's next for stocks, and I don't think anyone knows
Warren Buffett discusses the stock market. …read more […]
Trading Ideas
Warren Buffett: ‘The world changed for airlines’
Berkshire Hathaway CEO Warren Buffett discusses the state of the airline business amid the coronavirus crisis. …read more […]
Business News
U.S. aviation sector cuts more jobs amid travel meltdown
The ongoing U.S. travel crisis is causing thousands of job cuts as the aviation sector waits for passengers to return to the skies but braces for years of lower demand because of the coronavirus pandemic.
Trading Ideas
Trading Ideas
Warren Buffett: You have to be careful on how you bet on America
Berkshire Hathaway CEO Warren Buffett discusses the uncertainty surrounding the stock market. …read more […]
Trading Ideas
Warren Buffett: 'Thank you, Dr. Fauci'
Warren Buffett expressed his gratitude for Dr. Anthony Fauci, the country’s top infectious disease expert, for his role during the COVID-19 pandemic. …read more […]