Warren Buffett, Berkshire Hathaway sold its airline stocks in April - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Warren Buffett's Berkshire Hathaway ditched the 'big four' airline stocks in April, driving $6.1 billion in stock sales

. 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.", without detailing what it sold. Buffett attributed that figure to Berkshire's exit from the airlines.

Buffett explained the move by highlighting the airlines' bailout deals with the US government. Their agreements include billions of dollars in loans that they will have to repay, as well as warrants that the Treasury can exercise to acquire their shares at a discount in the future. The warrant part of the deal wasThe investor also questioned whether people will fly as much in the next two or three years as they did last year.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

why drop those aerial moguls’ stocks now? jmyers42 lccc141

Don’t be too harsh on yourself if you make terrible stock pick. Even Buffett do that and make a U-turn.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Warren Buffett discussed coronavirus, the economy, and stocks at Berkshire Hathaway's annual meeting. Here are the highlights. | Markets InsiderWarren Buffett discussed a range of topics at Berkshire Hathaway's annual meeting on Saturday, often touted as 'Woodstock for capitalists.' The ... Why is this in past tense How to deal with a biological attack, because that is what the coronavirus is; bio terrorism !
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »