> Warren Buffett Blog: September 2018

Monday, September 10, 2018

My skills fit a capitalistic free market economy

Warren Buffett in an interview to CNN's Poppy Harlow

"If this was a sports economy, I'd starve to death. You could give me six hours of training every day and I could practice at night… And I wouldn't be any good. My skills fit a market economy. Not everybody's do. We want a market economy, but a rich family does not leave people behind." 

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Monday, September 3, 2018

Buffett buys more Airline stocks - Delta and Southwest

Berkshire has increased its stake in Delta Airlines by 18.8 percent and Southwest by 18.7 percent, a recent filing said, and it added another 6.7 percent to its Teva stake, which it had doubled in the first quarter of this year.

Berkshire cut its holdings in Phillips 66 by 24 percent, Wells Fargo by 1 percent, and Charter Communications by 8.7 percent, as of the end of June. It also cut shares in American Airlines by 2.8 percent, and United Continental by 3.7 percent.