Warren Buffett/BKH Possibly Purchasing SWA
03-18-2018 | 08:02 PM
#12
On Reserve
Joined: Jun 2014
Posts: 186
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Worth noting -- Southwest employees own about 15% of the stock and growing. Not enough to block him, but it could cost Berkshire a BUNCH to deal with such a voting block. Further, remember that Southwest isn't the only airline of which he owns a big chunk of stock and Southwest has ton of cash to ward off any unwanted advances for Berkshire.
03-18-2018 | 08:54 PM
#14
Gets Weekends Off
Joined: Mar 2017
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From what I’ve read he just said last month that he wouldn’t rule out owning an entire airline, and it seems the analysts are speculating about which airline. They’re saying that SWA meets the criteria for a company that he typically likes to buy and so does DAL. SWA would be the better deal for him according to the analysts, but I am curious if he has any serious interest. I sure hope not!
It does seem like too much of a rookie move for him to mention a sector that he might be serious about buying only to make the purchase more expensive. Maybe he’s playing stock market games, slipping up in his old age or just talking with no real intentions.
Hopefully he’ll find somewhere else to spend money
It does seem like too much of a rookie move for him to mention a sector that he might be serious about buying only to make the purchase more expensive. Maybe he’s playing stock market games, slipping up in his old age or just talking with no real intentions.
Hopefully he’ll find somewhere else to spend money
03-19-2018 | 03:21 AM
#15
Gets Weekends Off
Joined: Nov 2012
Posts: 2,030
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And we’re the most organized company in one of the most organized industries, he and his yes men can’t do anything as far as pay and qol without us voting on it.
We’d be better without him, I’ll be prepared to go somewhere else.
We’d be better without him, I’ll be prepared to go somewhere else.
03-19-2018 | 10:31 AM
#16
Line Holder
Joined: Dec 2014
Posts: 792
Likes: 8
From: Just a pilot
Every contract we've had in my nearly 14 years at NJA has been a long, ugly fight. The man hates organized labor, and has a very dim view on employees of his companies in general. After all, how many BK companies have ever been in the Top 50 Places To Work List?
03-19-2018 | 12:49 PM
#17
Gets Weekend Reserve
Joined: Jul 2007
Posts: 4,277
Likes: 274
From: B737CA
Uncle Warren, please go buy Delta. They have a fantastic airline and their own refinery and they have fantastic management, not to mention joint ventures and all that stuff that should make a capitalist such as yourself a very happy camper.
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