Originally Posted by
KC10 FATboy
What the Smart Investors Are Buying - Yahoo! Finance
The takeaway ...
3. George Soros
Soros's fund more than quadrupled down on its position in Delta Airlines (NYSE: DAL - News), buying more than 11 million shares last quarter.
You probably forgot that airlines could make good investments. So did everyone else. But in truth, the airline industry cut out so much excess capacity during the recession that its pricing power is now returning. Seats are full. Ticket prices are rising. The end of 2010 was the first time in more than 10 years that the industry had a profitable fourth quarter.
So Soros is one of our major investors? Good God.......