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High Yield Investing: Bend It Like Buffett

Published Sun, 28 Jun 2020 09:45:00 -0400 on Seeking Alpha

Seeking AlphaDividend IdeasHigh Yield Investing: Bend It Like BuffettJun. 28, 2020 9:45 AM ET|| Includes: AAL, BRK-A, BRK-B, DAL, DIA, GNL, GNL.PA, GNL.PB, GS, GS.PA, GS.PC, GS.PD, GS.PJ, GS.PN, LUV, OXY, QQQ, SPY, UALby: Rida MorwaRida Morwa High Dividend OpportunitiesThe #1 Service for Income Investors and Retirees, 9-10% dividend yield.SummaryWarren Buffett is on the sidelines of the current market rally.
The fickle market is quick to write him off.
We think we need to look deeper at the indicators and determine whether he may be right.
We identify the sweet spot of returns versus risk using his methodology.

Co-produced with Trapping Value
It is easy to pass judgement with perfect 20:20 hindsight. We saw that in the recent extreme market volatility as everyone had pangs of selling too soon or buying too early. We also saw a lot of flak being dished out at the greatest investor of all time, Warren Buffett. He was "coached" by investors as he booked losses on Airlines.
Buffett confirmed that he had sold all of his stakes in the four largest U.S. airlines: His positions in United (UAL), American (AAL) , Southwest (LUV) and Delta Air Lines (DAL) were cumulatively worth north of $4 billion.

“The world has changed for airlines,” Buffett said, noting that the industry has been “really hurt by a forced shutdown” due to the coronavirus.
Buffett said Berkshire originally invested between $7 billion and $8 billion for large stakes in the major airlines, but the company didn’t get anywhere near that in return for its investment.
“It turned out I was wrong,” the Oracle of Omaha said, adding that he’d made an “understandable mistake” given the unforeseen downturn in the industry. I don’t know that three, four years from now people will fly as many passenger miles as they did last year,” Buffett warned. “You’ve got too many planes.”
Source: Forbes
While the sale itself was unremarkable, Buffett caught heat... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
OCCIDENTAL PETROLEUM 45.40   9.0 5.05 3.16 6.81
DELTA AIR LINES 59.44   8.9 6.70 1.61 2.75
GOLDMAN SACHS 218.74   9.2 23.84 5.00 2.32
SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST 272.32   0.0 0.00 5.67 2.10
SPDR S&P 500 ETF 301.29   0.0 0.00 5.42 1.82
SOUTHWEST AIRLINES 54.98   12.7 4.32 0.72 1.35
POWERSHARES QQQ TRUST SERIES 1 193.23   0.0 0.00 1.49 0.78
BERKSHIRE HATHAWAY A 324010.00   28.5 11356.59 0.00 0.00
BERKSHIRE HATHAWAY B 214.20   0.0 0.00 0.00 0.00
UNITED CONTINENTAL HOLDINGS 89.38   9.1 9.87 0.00 0.00

OCCIDENTAL PETROLEUM - OXY
OCCIDENTAL PETROLEUM - OXY  


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