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Wednesday, September 23rd, 2020
Home » Tag Archives: Berkshire Hathaway

Tag Archives: Berkshire Hathaway

Buffett’s Grim View of Air Travel. “Vaccine Only Solution” Takes $10B Loss

Warren Buffet. Telephone.

BLOOMBERG, AUGUST 8, 2020 By Katherine Chiglinsky for Bloomberg – Warren Buffett’s dire airline predictions have hit close to home. After dumping his stakes in airlines earlier this year with a warning that the pandemic had unleashed fundamental change on that business, Buffett’s own Berkshire Hathaway Inc. took a roughly $10 billion impairment charge tied to Precision Castparts, its massive maker of plane parts. A vaccine …

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