What will Buffet buy?
04-04-2020, 01:15 PM
#51
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,262
Originally Posted by C17B74
Maybe time to start converting the 737 Max to freighters and other hulls that may not see use for a few years that are closer to their end life. Give $ back to the pax carriers and sell’m cheap to the cargo industry. Granted, the former NWA guys are probably screaming now is the time to bring cargo back. I know nothing, just spitballing.
04-11-2020, 01:04 PM
#52
New Hire
Joined APC: Mar 2020
Posts: 4
Originally Posted by tallpilot
He publicly derides many things that make his companies money(derivatives for one). He has spent a lifetime cultivating his humble, folksy airs but he’s just as hypocritical and ruthless as any other ‘titan of industry.’
He likes to buy solid American dividend paying companies that widows and orphans own, pays them perhaps the current price plus $25 a share, let's them know what a great deal they are getting. Once purchased he rolls the stock into his Berkshire Hathaway stock and uses the dividend cash flow to pay for the purchase.
His mother was committed to an insane asylum. As they say, what's the difference between insanity and genius? Answer - Success. Had an elderly college professor who lived through the depression and knew how America worked, he said, "it always goes to the rich bi**h".
04-11-2020, 01:45 PM
#53
Gets Weekends Off
Joined APC: Dec 2019
Posts: 472
Originally Posted by 305808
Yeah they were drinking the Boeing koolaid. Their global growth projections were beyond naive and overly optimistic. They assumed no economic fallout at any point in time over the next 20 years.
Insert witty comparative analogy here...(i cant be bothered)
