3 Reasons Warren Buffett Was Right to Sell His Airline Stocks
Author Bio I love looking at the "story" behind investments from an interdisciplinary point of view, with an equal appetite for high-growth disruptors and beaten-down value names. Over the past year, investors have routinely questioned some of Warren Buffett's investing moves, especially his selling of airline stocks in the early days of the pandemic. The price levels at which Buffett sold wound up being near the March and April 2020 bottom. As such, critics have called out Buffett for not following his own axiom, "Be greedy when others are fearful." Yet when asked abo...