After Buffett’s initial plunge, he always kept at least 80 per cent of his net worth in equities. His favoured status throughout that period was 100 per cent – and still is. Buffett has time and again advised first-time investors to not act as gamblers. Buffett said at Berkshire AGM: Investing is not as easy as it sounds.
IndiGo profit falls on higher cost on older planes
The airline was forced to induct older planes due to grounding led by issues of Pratt & Whitney engines