Time to seperate BNSF from the rest of Berkshire Hathaway B Stock so it does not sink with the rest of the ship?
https://www.forbes.com/sites/sergeiklebnikov/2020/05/02/berkshire-hathaway-lost-50-billion-last-quarter-as-warren-buffetts-investments-took-a-hit-from-coronavirus/#2c4db59c7fcf
last trade today 7/28/20 was 192.72....if you got the stock a when it first came out you still are doing ok
He'll bounce back.
Warren doesn't panic.
Never too old to have a happy childhood!
BaltACD Warren doesn't panic.
He turns 90 in a few weeks, and he never invests what he can't afford to lose. Warren will be just fine. As for other BH investors.. maybe not so much. Blindly following someone else is no substitute for using one's own noggin..
You only lose if you sell. Delta is still the best run domestic/international US airline. It'll come back. Buffett buys for the long term.
highball6868 Time to seperate BNSF from the rest of Berkshire Hathaway B Stock so it does not sink with the rest of the ship? https://www.forbes.com/sites/sergeiklebnikov/2020/05/02/berkshire-hathaway-lost-50-billion-last-quarter-as-warren-buffetts-investments-took-a-hit-from-coronavirus/#2c4db59c7fcf
The date on the original link was May 2nd. On the next day on a different news source was this:
https://www.marketwatch.com/story/buffett-dumps-entire-airline-stake-saying-the-world-changed-for-airlines-2020-05-02?mod=article_inline
Jeff
The question to ask is how much did he make over the years he owned the stock? Then the drop won't look as bad. (but still bad, no matter how you look at it)
So far, it's been very, very hard to make money long-term in the airline world.
The old saw goes:
How do you make a little money in the airline business?
Start with a lot of money.
kgbw49 The old saw goes: How do you make a little money in the airline business? Start with a lot of money.
Mr Branson is trying to borrow money for his airline by borrowing money, and using his island in the Caribbean as collateral.
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