@Chak:If he would have not sold hundred million apple shares he would have made 300 billion today. One of Warren Buffett’s most questioned moves during the pandemic was selling his holdings in United Airlines. Just as the pandemic intensified, he sold off airline stocks, including United Airlines, at a loss, concerned about the industry’s uncertain future. Now, four years later, United Airlines’ stock has significantly recovered, even tripling in value.
Buffett often advocates a “buy and hold” strategy, emphasizing long-term investment in solid companies or indexes like the S&P 500. He frequently highlights that long-term, diversified investments can outperform most hedge funds, underscoring the importance of patience and resilience in investing. I find his decision to sell airlines and Apple based on short-term events nothing short of stupidity.
Buffett often advocates a “buy and hold” strategy, emphasizing long-term investment in solid companies or indexes like the S&P 500. He frequently highlights that long-term, diversified investments can outperform most hedge funds, underscoring the importance of patience and resilience in investing. I find his decision to sell airlines and Apple based on short-term events nothing short of stupidity.