Will Buffett buy AA or SWA?
02-23-2017 | 02:41 PM
#31
Line Holder
Joined: Jun 2016
Posts: 462
Likes: 8
Having flown the corporate jet of one of these old investors I can tell you I highly doubt he'd make a swing for the fences. Guys like Buffet and the gentleman I worked for figured out a formula for success a long time ago and they tend to stick to it. For them it's not about amassing money. My guess is Buffett spent his entire life building and reinforcing his reputation, the last thing he wants to do is tarnish it with a swing for the fence.
02-23-2017 | 05:20 PM
#32
On Reserve
Joined: May 2016
Posts: 148
Likes: 11
From: Retired
Agreed. This happened at NetJets and I didn't see it as a positive. A BK A share is $100,000+ each. BK investors want their 6% return. Now. Tomorrow. And forever. 5.9% won't cut it. So, that means you will work more, harder, for less, and with less. Suck it up buttercup, perform for uncle Warren.
02-24-2017 | 03:38 AM
#33
Gets Weekends Off
Joined: Feb 2006
Posts: 2,100
Likes: 0
From: C47 PIC/747-400 SIC
That's not how Berkshire works.
Ichan was an LBO flipper. Buffett buys and holds forever. He buys companies that he think can produce a small stable check forever. It would be great for an airline as opposed to current management which focuses on the next quarterly report.
Ichan was an LBO flipper. Buffett buys and holds forever. He buys companies that he think can produce a small stable check forever. It would be great for an airline as opposed to current management which focuses on the next quarterly report.
02-24-2017 | 08:39 AM
#34
Gets Weekends Off
Joined: Dec 2005
Posts: 200
Likes: 0
From: FE, FO, CAPT.
BK will go for Delta.
Buffet obviously liked what Grinstein did to BNSF. I suspect he thinks Grinstein's faux-bankruptcy at Delta was a great feat.
Delta stock has stalled at the $50 level. I wonder what even a rumoured BK play will do to it.
Buffet obviously liked what Grinstein did to BNSF. I suspect he thinks Grinstein's faux-bankruptcy at Delta was a great feat.
Delta stock has stalled at the $50 level. I wonder what even a rumoured BK play will do to it.
02-24-2017 | 10:40 AM
#36
SDQ Base Chief
Joined: Mar 2006
Posts: 6,084
Likes: 46
From: 320 CA
02-25-2017 | 09:14 AM
#38
Gets Weekends Off
Joined: May 2015
Posts: 7,292
Likes: 0
From: A350 Both
AAL has $23B in debt. Just sayin'
Thread
Thread Starter
Forum
Replies
Last Post
