Full Warren Buffett meeting highlights | Sold entire airline stake | Doesn't see anything attractive

Warren Buffett made lots of news in Berkshire Hathaway's first virtual annual meeting.

VIEW IN BROWSER | SUBSCRIBE SAT, MAY 02, 2020 WEEKEND BRIEF EDITOR'S NOTE Welcome to a special edition of CNBC's Weekend Brief, highlighting all of our special coverage of Berkshire Hathaway's annual meeting Saturday.   "Never bet against America."   That's the text from one of Warren Buffett's slides during this year's shareholder's meeting, which was held virtually for the first time. That slide reflects Buffett's optimism on a U.S. economic recovery even after the coronavirus pandemic sparked a steep contraction and a massive surge in unemployment.     "Nothing can basically stop America," said Buffett. "The American miracle, the American magic has always prevailed and it will do so again."   "In World War II, I was convinced of this," he said. "I was convinced of this during the Cuban Missile Crisis, 9/11, the financial crisis."   To be sure, Buffett recognized how challenging these times are, noting he has never seen anything quite like this.   "We just pulled the train of the tracks and put it on a siding, and I don't really know of any parallel — in terms of a very, very well the most important country in the world, most productive, huge population — in effect sidelining its economy and its workforce," Buffett said.    Despite all of this, Buffett thinks better days lie ahead for the U.S.   Even with that long term viewpoint, that didn't stop Buffett from dumping his entire airline position. He also said he hasn't made any big moves yet because he hasn't found anything attractive.   Click here for our ongoing live blog of the Berkshire Hathaway meeting, which is still going on.  See below for a full wrap of our Buffett articles and our usual Weekend Brief features, including an Activist Spotlight column on Carl Icahn.   Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. Fred Imbert | CNBC Markets Reporter @foimbert MICHAEL SANTOLI'S MARKET COLUMN Stocks are up against big 'resistance' and likely need actual economic improvement to overcome it   THE WEEK AHEAD April's jobs report showing millions out of work looms large in the week ahead   ACTIVIST SPOTLIGHT Carl Icahn, who's made a large bulk of his fortune in energy, has a new play in the industry   YOUR WEEKEND BRIEFING  Berkshire Hathaway annual meeting live updates: Warren Buffett on the virus, what to buy, his mistakes Warren Buffett says the economy will overcome coronavirus: 'Nothing can basically stop America' Warren Buffett says Berkshire sold its entire position in airlines because of the coronavirus Buffett on why he hasn't made any big investments: 'We don't see anything that attractive' Warren Buffett built up cash and bought only small amounts of stock during the market rout Buffett has the majority of Berkshire's massive portfolio in just 5 stocks. Here's what they are: Warren Buffett's Berkshire swings to massive $50 billion net loss after coronavirus pummels stock investments Latest coronavirus news here Analysts say stocks like Southwest are buying opportunities during this dismal earnings season The US just reported its deadliest day for coronavirus patients as states reopen, according to WHO     Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS