>>9006573 (PB)

Any FinanceAnon out there for a discussion?

This is very very suspicious. That move of Warren Buffet (selling arlines) is really different from his usual strategy. He always predicted to BUY cheap businesses and never ever did a call about a possible change in a industry. 2008 was a major market selloff but airlines had a huge huge downswing lasts months. Liquidating at these prices IS NOT WHAT WARREN BUFFET WOULD NORMALLY DO. Warren Buffet would INCREASE the position on those stocks and talk with the government for bailing all the sector out together. This means, nothing really new but a proof, that WB doesn't have any leverage on the government anymore (good news for my American frens). But I'm really really skeptical that the entire sector is doomed. An industry doesn't disappear on day from the other because muh CV. And if the government bail it out, a long term investor like WB can only profit from that. This doesn't have any sense. I would wait Monday reaction since the charts shows still selling when prices go up but keep an eye on this sector.

>>9009325

By the government?

>>9009339

Yeah, it makes sense that the Government would enter with stocks, having its interests aligned with stockholder and also benefiting from the increase in stock value (and taxpayers would be repaid). New stocks issuance would dilute current stocks value, so in that case is probably better entering after the announce. But still Buffet's narrative doesn't make any sense. That's a huge opportunity for big pockets like Berkshire.

>>9009412

Agree, next step of their strategy is probably tanking the markets and cause as much as damages they can to the global economy. What I want to highlights is that this declaration by WB is very very unusual considering his usual strategy adopted many many times during the years. They are playing the WB card

>>9009671

Send her money! Fast!

>>9009682

So she can raise money for: Climate Change, Amazon forest and indigenous rights. Brilliant

>>9009752

Agree. Airlines, cruises and oil stocks are forming nice bases. I'm just wondering how much damage they can do since I speculate that they are trying to tank markets. They can't do much without FED's support so I'm not worried. Also think about WB's story. He always invested in traditional sectors: Railways, food, banks. I remember when bershire bought Apple he declared that was something unsual but he approved because Apple was transitioning from tech to staples. The entire thing doesn't match at all.