Warren Buffett/BKH Possibly Purchasing SWA
03-18-2018, 08:47 AM
#1
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Warren Buffett/BKH Possibly Purchasing SWA
https://www.cnbc.com/2018/03/16/warren-buffetts-next-big-purchase-could-be-southwest-airlines-industry-analyst-speculates.html
Holy cow! They already own part of us but are contemplating purchasing the entire company. Please discuss possible implications.....
Holy cow! They already own part of us but are contemplating purchasing the entire company. Please discuss possible implications.....
03-18-2018, 09:09 AM
#2
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Originally Posted by WHACKMASTER
https://www.cnbc.com/2018/03/16/warren-buffetts-next-big-purchase-could-be-southwest-airlines-industry-analyst-speculates.html
Holy cow! They already own part of us but are contemplating purchasing the entire company. Please discuss possible implications.....
Holy cow! They already own part of us but are contemplating purchasing the entire company. Please discuss possible implications.....
03-18-2018, 09:25 AM
#4
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I would say NetJets is/was suffering from environmental problems prior to Buffett. How many Frax companies exist now ? XO Jet, Wheels Up, etc etc. Today the economy is booming and some folks who were "on the fence" on buying a plane or just buying a share, are buying a plane. The used aircraft market reflects this. Clean preowned planes are flying off the shelves like hot cakes. Those are all potential Frax owners who decided to be airplane owners.
I believe every company Buffett buys or invests in, sees its stock price go up strongly. This is a plus for 401(k) members and other shareholders.
https://www.usatoday.com/story/money/markets/2017/02/16/buffett-effect-buy-what-he-buys/97965132/
Will be interesting to watch, but Buffett is not Gordon Gekko nor Frank Lorenzo. He typically buys stuff he believes in and holds for the long haul.
I believe every company Buffett buys or invests in, sees its stock price go up strongly. This is a plus for 401(k) members and other shareholders.
https://www.usatoday.com/story/money/markets/2017/02/16/buffett-effect-buy-what-he-buys/97965132/
Will be interesting to watch, but Buffett is not Gordon Gekko nor Frank Lorenzo. He typically buys stuff he believes in and holds for the long haul.
03-18-2018, 09:56 AM
#5
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Position: CL30 Captain
Posts: 99
Originally Posted by BarrySeal
I would say NetJets is/was suffering from environmental problems prior to Buffett. How many Frax companies exist now ? XO Jet, Wheels Up, etc etc. Today the economy is booming and some folks who were "on the fence" on buying a plane or just buying a share, are buying a plane. The used aircraft market reflects this. Clean preowned planes are flying off the shelves like hot cakes. Those are all potential Frax owners who decided to be airplane owners.
I believe every company Buffett buys or invests in, sees its stock price go up strongly. This is a plus for 401(k) members and other shareholders.
https://www.usatoday.com/story/money/markets/2017/02/16/buffett-effect-buy-what-he-buys/97965132/
Will be interesting to watch, but Buffett is not Gordon Gekko nor Frank Lorenzo. He typically buys stuff he believes in and holds for the long haul.
I believe every company Buffett buys or invests in, sees its stock price go up strongly. This is a plus for 401(k) members and other shareholders.
https://www.usatoday.com/story/money/markets/2017/02/16/buffett-effect-buy-what-he-buys/97965132/
Will be interesting to watch, but Buffett is not Gordon Gekko nor Frank Lorenzo. He typically buys stuff he believes in and holds for the long haul.
03-18-2018, 10:03 AM
#6
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Originally Posted by Tbpilot06
True I was only looking at it from a pilots perspective not as an investor.
I’m more concerned about him putting the screws to management to lower costs and increase revenue. It hasn’t been a good thing for NetJet pilots and I don’t want the same thing here. Fortunately, I understand that he’s pretty “hands off” when it comes to managing the companies he purchases.
03-18-2018, 10:37 AM
#7
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Posts: 374
I’m not worried. In the past WB has only commented on companies after he bought them. If he is planning a big purchase why drive up the price beforehand?
That said he’s pretty old and eats like the guy in Super Size Me so I don’t think he’ll be around much longer even if he did buy SWA.
That said he’s pretty old and eats like the guy in Super Size Me so I don’t think he’ll be around much longer even if he did buy SWA.
03-18-2018, 03:52 PM
#9
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Originally Posted by WHACKMASTER
Well, that is after all what perspective we are looking at it from. SWA will do just fine for many years to come with or without Buffett ownership.
Fortunately, I understand that he’s pretty “hands off” when it comes to managing the companies he purchases.
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