Airlines
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The Real Reason Buffett Sold Berkshire’s Airline Stocks
Airlines, Analysis, Berkshire Hathaway. By Adam. May 16, 2020. No Comments
The basic framework Warren Buffett uses to examine companies can help us understand why he sold Berkshire's investments in airlines. That framework is rooted in economics and can be expressed as an equation: Investment Return = Capital Intensity x Profit...
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