Tuesday, July 7, 2020

Berkshire's Airlines And Apple -- July 7, 2020

Earlier today, over on twitter:


Back on March 23, 2020, a senior analyst for some firm said that Warren Buffett panicked when he sold his airlines. That analyst did not know a basic rule of investing. LOL.

So, where does Berkshire Hathaway stand today if Warren Buffett re-invested all proceeds from the four airlines he sold, back into AAPL:


Airline
Shr Price: 3/31/2020
Dollars: 3/31/2020
Shares
Shr Price: July 7, 2020
Total: July 7, 2020

DAL
28.53
675,000,000
23,659,306
27.55
651,813,880

UAL
31.55
675,000,000
21,394,612
33.31
712,654,517

AAL
12.19
675,000,000
55,373,257
12.14
672,231,337

SWA (LUV)
35.61
675,000,000
18,955,350
33.42
633,487,784



2,700,000,000


2,670,187,518








AAPL
254.29
2,700,000,000
10,617,799
377.52
4,008,431,319













1,338,243,800




















2,670,187,518






50.12%







March 24, 2020

224

10,617,799

2,378,386,881
July 7, 2020

365.76

10,617,799

3,883,566,007






1,505,179,126


The airlines:
  • his proceeds from the sale of the four airlines: $2.7 billion.
  • value of those four airlines today had he kept those shares: $2.67 billion.
  • a small loss;
Had he invested that $2.7 billion in to AAPL on March 23, 2020:
  • AAPL then: $2.7 billion
  • AAPL today: $3.9 billion

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