Warren Buffett's Berkshire Hathaway has outperformed the market so far in 2016.
It’s never too late to change your mind. After years of deriding the airline industry, Warren Buffett confirmed this month that his holding company, Berkshire Hathaway, has invested nearly $1.3 billion in four big-name domestic carriers: American, Delta, United and Southwest. The stake is a dramatic reversal for the 86-year-old investing wizard, who previously called […]
There has been a big vote of confidence from Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B), which has bought stock in the big airlines like American Airlines (NASDAQ:AAL), Delta Air Lines (NYSE:DAL), United Continental (NYSE:UAL) and Southwest (NYSE:LUV). Did Buffett make the trades? Considering the size, probably not. However, with the [...]
Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett (Trades, Portfolio) has updated his third-quarter portfolio Monday afternoon, revealing buys of airline companies. The three airline stocks purchased by him or one of his...Show More Summary
Mr. Buffett’s holding company, Berkshire Hathaway, is sinking more than $1.3 billion into the four largest American carriers.
It looks like Warren Buffett no longer regards airline stocks as ”a death trap.” The Oracle of Omaha’s Berkshire Hathaway (BRK.A/BRK.B) revealed in the quarterly 13f filing released Monday that it has taken stakes in American Airlines...Show More Summary
Warren Buffett is bullish on airline stocks. Buffett's company Berkshire Hathaway had taken positions in major U.S. airlines, including American, Delta and United according to a regulatory filings.
Berkshire Hathaway just disclosed that it took stakes in major US airlines. Pretty sure it is not Warren Buffett, rather his co-CIOs, making these investments. Buffett joked that he wouldn't invest in airlines after his disastrous--disaster...Show More Summary
In a reversal, his Berkshire Hathaway is making investments in American, Delta and United Continental
Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Monday said it has bought shares in the four biggest U.S. airlines: American Airlines Group Inc (AAL.O), Delta Air Lines Inc (DAL.N), Southwest Airlines Co (LUV.N) and United Continental Holdings Inc (UAL.N). Show More Summary
When Delta Airlines was trading below $20 a share, billionaire Warren Buffett dismissed airlines as a place where his conglomerate Berkshire Hathaway would invest, stating at a May 2013 annual shareholder meeting the sector has "been a death trap for investors." Now, with Delta trading at far higher prices, Berkshire Hathaway [...]
Warren Buffett is loading up on airline stocks. Buffett's Berkshire Hathaway is taking new stakes in American Airlines, United Continental, and Delta Air Lines, according to the company's latest 13-F filing. The firm also took a stake in Southwest Airlines, according to CNBC. Stocks for the firms jumped in after-hours trading. Show More Summary
Billionaire investor Warren Buffett dubbed the ‘Sage of Omaha’ has given an exclusive interview to CNN, in which one of the world’s greatest investors maintained that Wells Fargo is a “great bank” despite making a huge mistake. He still retains faith in the US bank and hasn’t sold any of [...]
Nov 11 (Reuters) - Berkshire Hathaway Inc shares posted one of their best weeks in years, soaring 9.5 percent and touching a record high, even though Chairman Warren Buffett's choice for the White House, Hillary Clinton, was defeated by Donald Trump. Show More Summary
Warren Buffett, the famed investor and CEO of Berkshire Hathaway, is behind Donald Trump, even if he didn't support him in the election. Buffett said during an interview with CNN's Poppy Harlow that despite being a vocal Hillary Clinton...Show More Summary
What will the Oracle of Omaha do with all that cash? Warren Buffett’s Berkshire Hathaway (BRK.A/BRK.B) unveiled third quarter financial results late Friday, posting a drop in earnings. But it also reported $85 billion in cash on its balance sheet as of the end of the third quarter, a record for the firm. It has fueled speculation about possible acquisitions.
We'll soon learn if the Oracle of Omaha has unloaded Berkshire Hathaway’s 10% stake.
Berkshire Hathaway’s (BRK. A) third quarter results missed expectations thanks to a drop in investment income.
Warren Buffett's Berkshire Hathaway Friday reported 24% lower earnings per share