How long would this coronavirus pandemic last? Would the general public be eager to resume traveling once the shutdowns were eased, or would consumer demand for commercial travel return slowly?
It was April 15, 2020, and Berkshire Hathaway CEO Warren Buffett, colloquially known as the “Oracle of Omaha,” was sitting in his office in downtown Omaha, Nebraska. He had been discussing with his Berkshire partner Charlie Munger the status of his investment in Southwest Airlines. 1 Berkshire Hathaway currently owned a 10.3% stake in Southwest […]