when I actually own Delta stock and I even own Carnival stock too and I went through some headaches with with some of those and I had to navigate those and try to try to make it out like not losing money on those investments.
Now, I will just say though that if you'd rather have like probably a safer, more kind of traditional play on airlines, then you might want to go with something like Delta instead, who's actually shown some pretty good resilience longterm.
We actually have a stock that I myself owned , roughly in the period before the start of the pandemic , but I no longer keep it in my portfolio. It is Delta Air Lines stock , ticker symbol (DAL), into which Berkshire Hathaway has injected nearly $1 billion, significantly increasing its stake by 44% during the quarter.
Let's look at Delta. I see a double bottom at 80. I bought some more today. I do have a stop in. I think this is the best airline in the world. Um, not just the experience as a user, but the way the company is run. Ed Bastion is is uh phenomenal.
He said this week AI could lift Delta's profitability by as much as 50%. He frames that moving the margins from roughly 10% to 15%. But that's worth billions on a revenue base. Billions.
