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;
- AAPL then: $2.7 billion
- AAPL today: $3.9 billion
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