Originally Posted by
adebord
That's not how Berkshire works.
Ichan was an LBO flipper. Buffett buys and holds forever. He buys companies that he think can produce a small stable check forever. It would be great for an airline as opposed to current management which focuses on the next quarterly report.
He doesn't hold on to them
forever but he doesn't buy a company, flip it and then sell right away.
Buffett buys and holds on for quite some time and when he does sell, he will sell off small portions over time to not alarm people (mass selling) and in turn destroy the company.