He also admits that buying into the airlines was a mistake as Berkshire posts a $50 billion loss for the first COVID outbreak quarter.
The Canadian fund pulled the plug on its volatility strategies following significant losses, sources say.
GE's total revenue fell almost 8% and the company warned the damage would worsen in the next three months.
Workers across the pandemic’s front lines plan to strike together this Friday, May 1, on International Workers’ Day.