$AAL This is to both the bulls trolling Warren Buffet and bears using Buffet selling his stake to reinforce their opinions. 
Warren Buffet manages hundreds of billions of dollars in capital, when you manage a fund that big that and mostly do value investing you are not gonna put money in something you arent 100% comfortable with, if the risk is out of your comfort zone you stay away.
So, yes. Buffet sold his airline stake because he was no longer confident about that investment, that doesn&#39;t mean he knew it was going down, nor does it mean that he made a mistake, he just stuck to his acceptable risk levels, which is exactly what he should&#39;ve done.
<ticker> this is to both the bulls trolling warren buffet and bears using buffet selling his stake to reinforce their opinions . warren buffet manages hundreds of billions of dollars in capital , when you manage a fund that big that and mostly do value investing you are not gonna put money in something you arent <number> % comfortable with , if the risk is out of your comfort zone you stay away . so , yes . buffet sold his airline stake because he was no longer confident about that investment , that does not mean he knew it was going down , nor does it mean that he made a mistake , he just stuck to his acceptable risk levels , which is exactly what he should have done .