How Will Buffett Steer Through the Airline Crisis?
Thinking back to the last financial crisis, Warren Buffett played a big role in calming chaotic markets. While sensationalist analysts were calling for the end of public equities as we know them, Buffett's company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) was taking his own advice by exercising greed while others chose fear.
Buffett is not a stock trader. Instead, rigorous quantitative analysis, an artistic touch, and extensive management evaluation are all time-consuming prerequisites for Berkshire Hathaway deciding on an investment. To put it plainly, Berkshire Hathaway covets a time horizon longer than most.
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Source Fool.com
