Warren Buffett's moves on AIRLINES OIL BANKS | Berkshire shareholders meeting 2020 | What to do NOW

Warren Buffett spoke at Berkshire Hathaway’s annual shareholders meeting on May 2, 2020. I wanted to hear his thoughts specifically on oil, banks, and airlines, and generally on his investment plans.
Warren Buffett discussed why he sold his entire stake in four major airlines: American Airlines (AAL), Southwest Airlines (LUV), United Continental (UAL), Delta Airlines (DAL). He also discussed current state of the banks and he seemed to be happy with Federal Reserve and Chairman Jerome Powell actions in that regard. He mentioned JP Morgan and its CEO Jamie Dimon. Warren also talked about oil and oil producers, and specifically about his Occidental Petrolium (OXY) investment and the future of oil industry. Mr. Buffett went over the reasons he did not buy much during the market selloff in March and April 2020. I provided my interpretation of Warren Buffett's thoughts and how that could affect an average trader or investor.

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DISCLAIMER: These videos represent my opinions only and I am not responsible for any losses you may incur. Any investment you do is at your own risk. Be aware that past performance in the market is not indicative of future results.

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[fit]

Great video! I have been watching your videos 👍👍. Have you done a video on your portfolio or current investment? Are you staying away from Airline stocks? How about Rental car HTZ & CAR and Hotels stocks?

[ab]

OUTSTANDING!!! Very important questions with super clear answers. Gives you a reasonable guide as to what the future may hold. You are totally foreign to idle/pointless talk which is a specialty of MOST people with similar discussions.

[shalashdentalcenter]

Great video as always. So when and what airline stocks should we buy at the moment. What is a good entry point for Boeing? Second question what are your thoughts on FLDM stock? Thank you

[MRZEROTOINFINITY]

Lots of movement coming this week with the airline stocks! ✈️

[mohamedelsakka]

Can you make video about cyber security and cloud computer .and AI for long term

[mohamedelsakka]

Thank you alot i watch u every day and i learn alot from you and i made some money from ur video, i really thank you.

[thomsonmeyre]

Would you recommend buying any other airlines on a sell off besides dal.

[amine]

Can you share your email? Sometimes I want to text you !