Originally Posted by
LGW Vulture
Why oh why is this even being given the air time? He thought he was investing in safer times for a return. Oh well Mr Sage, you failed on this one.
Who cares, you've lost some cash - most of us in the industry will lose our livelihoods.
Move on, nothing to see here.
There is something to see and worry about here, probably for you. Buffett holds billions of dollars of peoples retirement savings in Berkshire Hathaway and it is entirely possible that your own pension provider holds airline shares directly or indirectly. If Buffet and Munger have dropped a clanger in holding airline shares, then the less talented managers of UK pension funds have probably done the same or worse. There are no winners here.