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Matt Smith | May 11, 2020 | More on: DAL AC Warren Buffett recently dumped his entire holdings in the four major U.S. airlines. This is believed to have added around US$6 billion to Berkshire Hathaway’s cash holdings, lifting his war chest of cash to around US$140 billion — and sparking sparked considerable speculation about the intentions of one of the world’s most closely watched investors. What do Buffett’s actions mean? Buffett incurred a considerable loss on his investment in the four major U.S. airlines — an industry he has scorned for decades. He once famously quipped