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No. of Recommendations: 5
Lots of good stuff, per usual.

https://brooklyninvestor.blogspot.com/

I hope everyone is doing ok.

-BD
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No. of Recommendations: 3
It's kind of funny reading today his section about the good reason Mr Buffett had for dumping the entire airline position at a loss.
Yes, it was a good reason--but it's funny because the four airlines are up hugely today. AAL up 26%.

As far as I can tell, the market reaction is because they plan to restart some flights--55% capacity in July.
It's a long way back from there to steady profits, but we can wish them luck.

Jim
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No. of Recommendations: 1
Brooklyn Investor:
On the 1Q earnings call, MKL said they dumped a few stocks they thought would be hugely affected by Covid-19. Here are the stocks they dumped:
Anheuser-Busch Inbev ADR
CDK Global Inc
Discovery Communications
Dollar Tree Inc
Hasbro, Inc
Kraft Heinz Co
Rockwell Automation Inc
Scotts Miracle-Gro Co
Unilever PLC ADR
United Health Group Inc


Airlines/travel I get. But don't some of these look like fairly good places to be?

What are Markel up to?
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No. of Recommendations: 1
Maybe they wanted to raise cash and sold positions they felt were fully valued/overvalued (Dollar Tree, Unilever, UNH) or too much debt (BUD, KFT). I am not familiar with the other companies.

I did something similar with my portfolio last month, after the markets soared.
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