Here's a full recap of Warren Buffett's newsmaking comments at Berkshire Hathaway's annual meeting

Murray asked via Quick: "This pandemic will graduate a new class of war veterans: Health care, food supply, deliveries, community services. So many owe so much to these few. How might this great country take our turn and care for all of them?"

"The price has not been at a level where it really feels way better to us than other things, including the option value of money, to step up in a big way," he said.Buffett said the criticism towards buybacks is largely uncalled for. "It's very politically correct to be against buybacks now," he said. "There's a lot of crazy things being said about buybacks. Buybacks are so simple. It's a way of distributing cash to shareholders.

Warren Buffett hasn't made a major acquisition in several years despite Berkshire Hathaway's record cash pile. Buffett said"We have not done anything because we haven't seen anything that attractive," Buffett said. "We are not doing anything big obviously. We are willing to do something very big. I mean you could come to me on Monday morning with something that involved $30, or $40 billion or $50 billion. And if we really like what we are seeing, we would do it.

Asked by CNBC's Quick to clarify if Berkshire had sold all of its airline holdings, Buffett answered "yes."

Source: News Formal (newsformal.com)

Didn’t change my perspective:

Does Warren Buffet and the media think billionaires are immune to the virus? 🤯What about social distancing, the guy is 90 years old! YahooNewsTopics FoxNews

Never bet against America. Tested during depression and may test again. America will come out stronger.

Airlines bought back too many shares with borrowed money. They are not even worth the price they are at now. Those are the debt games that Buffett always warns people to stay away from.

If airlines crash Monday you know who to blame. I mean if I was 90 and on the brink of death with that much wealth I'd probably try to crash the economy too for fun.

WarrenBuffett - It’s great to have a chance to hear your opinion on things! With investments like CocaCola Apple and BankofAmerica - You have a history of buying into great brands. Do you see a stock price for Macys that would make you consider investing or taking...

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Not sure if Waren has been sipping too much Coke or if Bill has been kept him paralyzed and afraid 😱 of value investing....but selling his massive stakes in airlines at the lows tells me he is unable to understand what is going on and he’ll regret in 2 years BerkshireHathaway

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