Investing

Warren Buffett Just Destroyed Airlines… Sold It All (Ep. 8)

warren-buffett-just-destroyed-airlines-sold-it-all-ep-8



Over the weekend, we found out that Warren Buffett sold out of the airline industry entirely. This was a wild move after he purchased new shares as recently as this March. Here are my thoughts on this sale as well as an update on my dividend portfolio.

(FREE TRAINING) M1 Finance For Beginners: https://ryanoscribner.com/m1-training
Sign Up For M1 Finance: https://ryanoscribner.com/m1finance
$100K Dividend Stock Series: https://www.youtube.com/playlist?list=PLGhRZdsPDX33rjAtzOTR95IqaLDX8sHOx

___

FREE Resources From Ryan

Academy (3 Ebooks + 4 Courses)
▶︎ https://www.ryanoscribner.com/academy
___

PREMIUM Courses From Ryan

How I Make $20,000+ A Month From Affiliate Marketing
▶︎ https://www.stealmybusinessmodel.com

10+ Hour Stock Market Investing Course
▶︎ https://www.ryanoscribner.com/stock-market
___

Ready To Invest? 🤔💸

WEBULL: “Get a FREE STOCK just for signing up!”
💰 https://ryanoscribner.com/webull

BETTERMENT: “Passive investing, they manage everything for you.”
📈 https://ryanoscribner.com/betterment

FUNDRISE: “Passive real estate investing, 8 to 11% returns.”
🏠 https://ryanoscribner.com/fundrise

M1 FINANCE: “Invest in partial shares of stocks like Amazon.”
📌 https://ryanoscribner.com/m1-finance

COINBASE: “Get $10 in free Bitcoin (when you fund $100).”
https://ryanoscribner.com/coinbase

MY INVESTING BLOG: “Learn how to invest today.”
📊 https://investingsimple.blog/

Ryan’s Favorite Books 🤔📚

My Favorite Personal Finance Book
📘 https://amzn.to/2NiyDiz

My Favorite Investing Book
📗 https://amzn.to/2KEyd7D

My 2nd Favorite Investing Book
📗 https://amzn.to/2tZmxBU

My Favorite Personal Development Book
📕 https://amzn.to/2KJKgRn

Not a fan of reading? Join Audible and get two free audio books!
❌📚 https://ryanoscribner.com/audible
___

My Recording Equipment (What I Use On YouTube)
▶︎ https://ryanoscribner.com/gear
___

DISCLAIMER: Ryan Scribner, including but not limited to any guests appearing in his videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, and Ryan Scribner’s results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence.

AFFILIATE DISCLOSURE: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.

HOLDINGS DISCLOSURE: https://ryanoscribner.com/holdings

source

46 Comments
Share

Robert Dunfee

46 Comments

  1. Ryan Scribner
    July 15, 2021 at 7:58 pm

    Are you going to HOLD, BUY or SELL Airlines? Comment Below!

  2. 10783247jp
    July 15, 2021 at 7:58 pm

    Buffett sold because you shouldn’t hold a stock if you believe there is a significant risk the business will go bankrupt. Would be interesting to hear you talk about capital structures, bond investments particularly secured bonds seems like a much better way to invest in the airline industry as opposed to stocks. My 2 cents.

  3. Ashley Hulme
    July 15, 2021 at 7:58 pm

    is M1 Finance supported in new zealand? really like the product but can't access it

  4. Organic Freedom
    July 15, 2021 at 7:58 pm

    I bought airline ETF. But I’m not sure if it’s a good decision so it’s part of my “speculation” portion of my portfolio!

  5. Stratford1
    July 15, 2021 at 7:58 pm

    Buffett didn't destroy the Airlines. He made a mistake and they are going to come back. The margins are good and oil is cheap. Warren and team made a mistake and I've been saying this since he announced it at the shareholders meeting.

  6. JVM SPEED
    July 15, 2021 at 7:58 pm

    Warren traitor

  7. sito M
    July 15, 2021 at 7:58 pm

    He doesn't know how airlines work. Even if airlines sell only 85% of their sheets. Thst means they can come. Up with a newer model and charge more. Thst would put low cost carriers at risk.

  8. Watch Henry
    July 15, 2021 at 7:58 pm

    I like how optimistic you can be when this portfolio is down $8000. I keep telling myself this is the time to buy. I'm guessing that's your sentiments too.

  9. Marius Dinca
    July 15, 2021 at 7:58 pm

    Im new to this but im curios everyone is Warren bought that and sold that! How the heck do you ppl know what he buys and sells ?

  10. Yuri Grigorovich
    July 15, 2021 at 7:58 pm

    Great Video!

  11. Matt Mulvihill
    July 15, 2021 at 7:58 pm

    Out of curiosity, why did you use an ETF to compare performance instead of the index itself, DJUSAR?

  12. vincentyeo88
    July 15, 2021 at 7:58 pm

    only brain dead passengers will fly on those airplanes right after the lockdown.
    Warren Buffett does not want to earn their stupid money.
    Lol

  13. AJ's Boxing
    July 15, 2021 at 7:58 pm

    He is going to buy super cheap now.

  14. September 19
    July 15, 2021 at 7:58 pm

    Seems like if Warren Buffett jumped off a bridge, everyone will follow

  15. gedeo
    July 15, 2021 at 7:58 pm

    I would buy Tesla if it dips below $400 🤞

  16. TheAdamField
    July 15, 2021 at 7:58 pm

    I sold all of my GE and bought Peloton. I think they are just before the Boom 💥.

  17. UY scuti
    July 15, 2021 at 7:58 pm

    The subscribe bottom isn't working

  18. SevenRoses2
    July 15, 2021 at 7:58 pm

    Pass. Not holding, buying or selling airline stock.

  19. RainMaker
    July 15, 2021 at 7:58 pm

    Airlines will come back slowly, people will fly, especially if the price is right.

  20. Draw4Reel
    July 15, 2021 at 7:58 pm

    I bought several shares of United Airlines stock back in March when it was on the cheap. Money I could afford to lose. So, no I’m not gong to sell, I’ll ride it out.

  21. Sublime24
    July 15, 2021 at 7:58 pm

    Hey Ryan, just started getting into dividend investing. I have a few holdings now and am thinking about adding Emerson. I had a question I hope you could give your insight on. I know it is a dividend aristocrat but looking at their dividend growth rate over the past 3 year, and it comes to 1.28%. If you factor in 2% inflation, what what the upside be? I do understand though if it’s one stock amongst a big portfolio it will help. Just curious your thoughts. Thanks.

  22. SuperCoyotecaller
    July 15, 2021 at 7:58 pm

    What about net jet? He owns a fleet of private jets that are chartered planes. It’s called NetJets. Did he sell that?

  23. S. K.
    July 15, 2021 at 7:58 pm

    What platform is this?

  24. Jmor Bangal
    July 15, 2021 at 7:58 pm

    just subscribed – may I ask what platform/broker did you use on this video?

    also, I have AAL and Jet Blue – I am too far in to sell, I will hold for now

  25. java mochafrap
    July 15, 2021 at 7:58 pm

    Airlines have tons of Long Term Debt. Look at their financial statements. 10 years or more to get to where we were in February.

  26. java mochafrap
    July 15, 2021 at 7:58 pm

    Sell the losers quickly and let the winners run. Investment and trading rule.

  27. java mochafrap
    July 15, 2021 at 7:58 pm

    Sell or Short the hell out of airline stocks. Nobody is going to travel. Short/ sell cruise ship stocks. Anything to do with travel and or entertainment.

  28. Francesco G.
    July 15, 2021 at 7:58 pm

    Your portfolio looks scary

  29. KarmaTheBrit
    July 15, 2021 at 7:58 pm

    Short term run. Long term buy n hold.

  30. Mr. Sharp
    July 15, 2021 at 7:58 pm

    How do you feel about Broadcom and it's massive dividend? It's had constant growth over the past 5 years and might profit majorly off of 5g technology.

  31. Eddie C
    July 15, 2021 at 7:58 pm

    @Ryan Scribner I been betting against you and I made a lot of money.

  32. baller
    July 15, 2021 at 7:58 pm

    THE GOVERNMENT IS GOING TO BUY IT, I mean damn stop worshipping Buffet

  33. Sam D
    July 15, 2021 at 7:58 pm

    I agree w you. I am buying. WB has been a failure w no investing in tech early enough. Focusing on banks and buying oil companies instead of investing w alternative energy. He likes to own furniture companies. He is an old soul. He does not understand technology. His comments are insulting to the american people how he said they are pussy and they will stay home bc they do not know who is sitting next to them in an airplane. You are again wrong mr buffet. American people are full of life. A month or two and they will be back traveling and enjoying life.

  34. Sam D
    July 15, 2021 at 7:58 pm

    He sold the airline so he can raise cash to buy the whole company of Southwest. Southwest is only $14 billion and Warren Buffett already expressed that he would rather buy a whole biz. You will see. Sometime next year he will come and buy one of the airlines. WB s playing games.

  35. shea mccolgan
    July 15, 2021 at 7:58 pm

    I’ve got 400 shares in AAL at 9.50 do you think they’re safe for the next few months?

  36. ConstantCompanion
    July 15, 2021 at 7:58 pm

    I don't really appreciate your sensational titles for your videos. You know darn well that the airlines aren't destroyed. There are government stimulus packages going into effect to keep them floating until we get through this. The only thing I can figure is you're trying to drive the prices down either even farther so that you can buy in cheaper which is unethical in your position.

  37. Baby E
    July 15, 2021 at 7:58 pm

    Buffett finally sold it all? I'm buying

  38. master and kerrang in particular
    July 15, 2021 at 7:58 pm

    That man is scared of covid 19 as he is in the only group at risk, iold and rich and powerful (having to meet all these many people). The rich and powerful are fighting at all cost against a relatively harmless virus for 99.99 % of people out there. Buffet even going so far as to sell on a whim. .. not all old people are doing that, ofc, I talked to doctors of 80 year old, who were not scared at all, I do respect these people very much who are real, who developed a maturity which you can sense. tourism and airlines will go back to normal, and hopefully people will start to see, that most of the measurements were unnecessary.

  39. Traveling Kaspers World
    July 15, 2021 at 7:58 pm

    What program are you using to show us your computer screen? Many thanks as always!

  40. JonOnFIRE: Budgeting, Investing, Financial Freedom
    July 15, 2021 at 7:58 pm

    I was looking into airline stocks, but the JETS ETF is much more my style!!! This is probably what I am gonna invest in, rather than individual airlines. I feel safer, even with a higher expense ratio!

  41. anish gurung
    July 15, 2021 at 7:58 pm

    A very wise decision imo. Business flying will be lot less(Tech will replace these/also to save cost). Whole Hotel and Airline industry is doomed for years to come.

  42. Danny Poels
    July 15, 2021 at 7:58 pm

    When you go through your portfolio you should compare it to the market to let us see if you are beating the market

  43. Toda Gloria para Dios
    July 15, 2021 at 7:58 pm

    Hi bless you , what did you think is good idea to buy now Delta or wait? Thank you 🙏😍👍👏

  44. Guy Charles
    July 15, 2021 at 7:58 pm

    How do become a millionaire investing in airlines? Start as a billionaire

  45. Jeremy Canary
    July 15, 2021 at 7:58 pm

    Buy Amazon, sell order at $2600

  46. Jeremy Canary
    July 15, 2021 at 7:58 pm

    I sell covered calls on my GE shares after a big run up. Bought them all back for cheap. I also just sold another put on GE after the recent drop. Sold the December $5 put. You can lower your cost of ownership and get your money back if you don’t sell the shares.