Did Berkshire Hathaway Sell Airline Stocks in April?
In Berkshire’s first quarter earnings report released today, Warren Buffett states:
“Additionally, during the month of April we received approximately $6.1 billion from the sales of equity securities, net of the costs of equity securities purchased.”
On April 3, Berkshire reported sales of some of its shares in Delta Airlines ($314 million) and Southwest Airlines ($74 million) (April 1 – 2, 2020).
