BREAKING: Why Warren Buffett JUST sold ALL Airline Stocks!

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⚠️⚠️⚠️#Airlines #Sold #Buffett ⚠️⚠️⚠️

Warren Buffett during the Berkshire Shareholder Meeting held on May 2nd virtually stated that he sold all of his shares in the airlines. He did not trim his earnings - he stated that Berkshire does not trim. When Berkshire sells, it sells. Unfortunately, he believes the Coronavirus has completely changed the airline industry for the worse and the uncertainty is too high to continue to hold them. Even though he may have lost around 3-4 billion on that decision, he does not feel comfortable with the future of the airlines like America, Continental, Delta, and United.

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Sale coming Monday! Buckle up for the HODL!

MeetKevin
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Be greedy when even Warren Buffett is fearful

snorlexer
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Bro I gotta give you mad props you have been super consistent with everything going on kudos to you and I appreciate your videos

Musiclyricsbyorlando
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That gives him a huge amount of cash for the coming up fire sale.

pheotonia
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"It could go up!" *nervous laugh*

thenibelung
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This is exactly why the only company with wheels I want to invest in is Tesla 😂 I see Tesla being in the 3-5K range in 5-10 years.. especially if they are able to pull of robotaxis which will make ubers obsolete and I can see them doing so within the next 5 years since there autonomous driving capabilities are getting close 🤑🔥🚀

George_Perez
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Kevin: I lost so much money from Tesla.
Warren Buffet: Hold my coke.

lemonade
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He’s usually secretive. He’s telling you what he wants you to do.

lizzlewisus
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How become millionaire? Easy: starting out billionaire and buy airline company.

landlord
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I would rather invest in beans, rice, water, and chickens than airline stocks.

jk
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In all seriousness, Buffett dumps all airline stocks and that says something to us. if he thought it could rebound, he wouldn’t have sold and possibly look to own more via converts or debt. Instead he seems to think it’s impaired long term. It's more than just stock market that can be worrysome...

VixGuyOfficial
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Airplanes will always be needed. I will be watching the dip very closely.

forrestspellman
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30 minutes prior - "Don't bet against america."

jamesheydemann
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"The recession is cancelled" -Kevin on Gilead news

zunedog
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The rich always sell just before things come tumbling down.

itsmidtrib
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There goes the value of my free AAL stock from Webull...

DT
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MSM: "What are your thoughts on the market?"
Buffet: "Don't bet against America"
30 min later
secretary: "Good afternoon Mr. Buffet"
Buffet: "sell everything"

jg
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I still have stock in Trump airlines, let me go check on it








ThePrairieDogChannel
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6:17 that nervous laugh clearly suggests that he feels screwed lol

nikunjmodi
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Airlines will need federal government ..hence he doesn’t want the govertment looking into his money..smart guy..

robertnguyen