Buffett’s Buying Airlines???
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 15 November 2016
⏱️ 21 minutes
🧾️ Download transcript
Summary
Noted airline-stock-hater Warren Buffett raised more than a few eyebrows on the news that Berkshire-Hathaway has bought stakes in not one but FOUR separate airlines. Motley Fool Funds analyst Bill Barker explains why and discusses the latest earnings from Home Depot and Dick’s Sporting Goods.
Transcript
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| 0:00.0 | It's Tuesday, November 15th. |
| 0:04.0 | Welcome to Market Foolry. |
| 0:05.0 | I'm Chris Hill joining me in studio today for Motley Fool Funds, Bill Barker. |
| 0:09.0 | Thanks for being here. |
| 0:10.0 | Thanks for having me. |
| 0:11.0 | We got a lot to talk about today. Are you ready? |
| 0:14.0 | Yes. Okay good. Why not? |
| 0:17.0 | Because sometimes we get off the rails and by sometimes I mean pretty much every time we get off the rails. |
| 0:21.0 | Not to say we won't at some point, but we've got some earnings. |
| 0:24.5 | I get blamed for this, and yet you often are the one who goes off the rails right in the |
| 0:29.9 | intro. |
| 0:30.9 | Who's blaming you? |
| 0:31.2 | I'm not blaming you. Do the dozens blame? |
| 0:34.0 | The haters. |
| 0:35.0 | We've got some earnings. |
| 0:37.0 | We've got some retail earnings and we've also got some pretty, I would argue some pretty surprising news out of the airline industry. |
| 0:44.6 | My kids, those are another group that blames me for going off the rails. |
| 0:48.6 | Well that's, I mean, that's, I can't necessarily the haters. |
| 0:51.4 | I can't help you with that man. That's in your own house. You got to deal with that. |
| 0:55.7 | Let's start with Home Depot. Third quarter profits and revenue came in higher than expected. They raised guidance |
| 1:01.5 | for the full fiscal year. |
| 1:04.8 | What more do you want Wall Street? |
... |
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