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If you follow Berkshire Hathaway’s (BRK.A) (BRK.B) portfolio, you may be getting a bad sense of déjà vu. Because the famed conglomerate is back in the airline business — and this is a field that hasn’t worked out for Berkshire Hathaway in the past.
Berkshire recently filed its quarterly 13F report to the U.S. Securities and Exchange Commission. It’s the first under the leadership of CEO Greg Abel, who succeeded legendary investor Warren Buffett at the beginning of the year. (Buffett, now 95, is now the chairman of the board and still participates in some investing decisions, but he’s not running day-to-day operations any longer.)
