He said to have sold Delta, United, American, and Southwest market stocks.
Indeed, many airline companies experienced deadly loss of profits in these months mainly because of the corona pandemic. Even if this situation is ended soon, we will have to reconsider the usage of public transport. As well, many nations are prepared for the next era in which independence from other nations will be essential.
On the other hand, Warren Buffett's policy of investment is longitudinal stance. I am not certain that airline companies will not recover their balance sheet soon.
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