Originally Posted by
Delta12
Buffetts Berkshire Hathaway just sold lots of their shares of Southwest and Delta Airlines.
Could that affect NetJets as well ?
He has shares of United and American Airlines as well that he did not sell.
Interesting. He tends to do the opposite of what most investors do. I see that Southwest shares have held up relatively(!) well compared to most other airlines. So depending on when they bought they might still make money with the sale. United has lost so much that he probably thinks let's keep it as it can only get better or in the worst case go to nothing which it is already quite close to relative to the price a few months ago. Delta is considered by most to be the best of the big three which probably means it's easier to sell at less of a loss than the other big two. I admit I haven't gone back t check when he bought and at what prices.
If and how any of this relates to NetJets I have no idea. NetJets is not publicly traded so has no share price. Hard to compare it to the airlines.