Why Has Warren Buffett Changed His Mind On Airlines?

At the beginning of March, Warren Buffett sat down for an interview with Yahoo Finance editor-in-chief Andy Serwer. Q1 2020 hedge fund letters, conferences and more One of the topics covered in the discussion was Buffett’s extensive holdings of airline stocks. When the Oracle of Omaha was asked if he would consider selling his airline investments due to the coronavirus outbreak, he declared, “I won’t be selling airline stocks.” “Well, it’s going to be terrible. I’ve always felt a pandemic would happen at some time,” Buffett said. “It won’t stop the progress of the country or the world,” he continued….