Originally Posted by
Jamers
Spirit: How to Invest with Warren Buffet
Spirit Airlines: "That was a tough one. Remember that last time when Ben Baldanza [CEO] was on, the stock was down 50 straight points. And yet here I am still telling you to be in Delta. And if not Delta, then SouthWest Air. They have better growth prospects."
Better growth prospects? Spirit is doubling in size over the next several years while gaining the attention of the big three. Seems like decent prospects to me? I'll never understand investing...
Maybe just maybe the doubling in size in several years is the risk that gives investors pause.