RE: Warren Buffett - Sitting on Pile of Cash Before Coronavirus3 May 2020 15:42
Buffett has sold all his shares in the top 4 us airlines. Even at a loss. This guy looks years ahead. Travel isn’t going to come back anytime soon, which concerns me for boohoo, there’s only so much lounge wear people can purchase. The girls in the office used boohoo for their trips to Ibiza etc, they say it’s cheap stuff but good for the odd night out.
I’m a long term holder, won’t buy anymore at this price though. Big changes for us all coming. Unless theirs a vaccine soon.