Warren Buffett likes businesses with competitive moats.
Warren Buffett likes dominant brand names.
Warren Buffett likes businesses that are not capital intensive and generate buckets of free cash flow.
Warren Buffett does not like airlines.
So what did his company Berkshire Hathaway just invest in?
Yep, you've got it. Four different airlines, the link below provides some detail...
www.superinvestorbulletin.com/2016/11/15/buffett-just-bought-shares-of-what-airlines/
To be fair, it was likely one of Buffett's two investing lieutenants who made the purchases. But still, Berkshire owns those stocks.
Pigs are flying today.
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