One of the most interest moves Warren Buffett has made in recent years is moving into airline stocks. This move is particularly interesting because Buffett has, since his mistake of investing in US Airways in 1989 ($358 million in 9.25% convertible preferred shares), avoided the airline industry like the plague. Following in the footsteps of Warren Buffett with Hidden Value Stocks [timeless] Q2 hedge fund letters, conference, scoops etc In a 1994 talk at the University of North Carolina’s business school, when asked about why he invested in US Air, Buffett replied, “temporary insanity.” He continued: “There’s no worse business…
Warren Buffett On Airline Industry: In His Own Words
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk