Why Berkshire Hathaway sold oil and bought Delta Air Lines
Berkshire Hathaway reduced its Chevron stake by 1/3 in Q1 2024, then acquired a $2.6B stake in Delta Air Lines, adding 44% more in Q2. Delta now represents 1% of Berkshire's portfolio, valued at $5.4B. Berkshire still holds over $30B in Chevron and Occidental.




