Warren Buffett Comes Around On Airlines After Calling Them A 'Death Trap' For Investors |
| November 15, 2016 | November 2016 Bond Updates |
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When Delta Airlines was trading below $20 a share, billionaire Warren Buffett dismissed airlines as a place where his conglomerate Berkshire Hathaway would invest, stating at a May 2013 annual shareholder meeting the sector has "been a death trap for investors." Now, with Delta trading at far higher prices, Berkshire Hathaway [...] |
| View more at: http://www.forbes.com/sites/antoinegara/2016/11/14/warren-buffett-comes-around-on-airlines-after-calling-them-a-death-trap-for-investors/ |
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