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Warren Buffett sold his entire stake in airlines

i fail to understand this ...warrens move...i had always thought he is not a speculator but calculated on assets and returns basis
unless ,the entire tourist businees is gonna clopse for a long time which i personally don't think likely to occur
you see ,travel in human history had been the only thing that is constant in life next to death ...
and to be reminded in the old Jewish saying ,buy when you hear the gun shots and sell when the drum for retreat beats .
my 2 cents


so it means that travellers patterns and its costs after the pandemic will be very different lohhhh
it no longer stresses on pleasures (leisure, tourism etc.) but rather risk (insurances, personal standards & safety)
no, travel in human history have been changing . . . extensions to larger circumferences in higher frequency than ever
buffett is risk adversed speculator.....he bites the bullet out rather letting it deep-rooted inside for sufferings - he dun see death of coz, but its just not worth
. . . . its the gahmen, not his

big airlines runs the risk of holding responsibilities for import cases if its not run by that country!
 
i fail to understand this ...warrens move...i had always thought he is not a speculator but calculated on assets and returns basis

unless ,the entire tourist businees is gonna clopse for a long time which i personally don't think likely to occur

you see ,travel in human history had been the only thing that is constant in life next to death ...

and to be reminded in the old Jewish saying ,buy when you hear the gun shots and sell when the drum for retreat beats .

my 2 cents
Maybe he is afraid the airlines will bankrupt like what happened to Delta airline before and even Citibank dropped to below USD1.
 
Maybe he is afraid the airlines will bankrupt like what happened to Delta airline before and even Citibank dropped to below USD1.
69932F6E-BECE-47B6-A383-874A4ADCF7E1.jpeg
 
Maybe he is afraid the airlines will bankrupt like what happened to Delta airline before and even Citibank dropped to below USD1.
Can’t remember which YouTube video mentioned although Delta airline after bankrupt came back again, the original shareholders then lost their money in shares dilution etc.
 
Go big or go home.
Mdm Ho might just finally pull one over on Warren this time!
She is not same as Warren Buffett. Warren buffet got all his own money and his family members and relatives money all inside Berkshire shares. He is old and cannot afford to take risks.
 
so it means that travellers patterns and its costs after the pandemic will be very different lohhhh
it no longer stresses on pleasures (leisure, tourism etc.) but rather risk (insurances, personal standards & safety)
no, travel in human history have been changing . . . extensions to larger circumferences in higher frequency than ever
buffett is risk adversed speculator.....he bites the bullet out rather letting it deep-rooted inside for sufferings - he dun see death of coz, but its just not worth
. . . . its the gahmen, not his

big airlines runs the risk of holding responsibilities for import cases if its not run by that country!
Ya I for one am not going to take a plane to tour for another five years. Besides the virus risk also got racist attack risk. No thanks to China.
 
Oh LKY said that? So wise!

LKY said & promised many many to the pioneer and medaka generations but many were never even considered when his son took over!
hdb values, owning spare property, sia profits returns & many more - that's explains what happened to his next generations
 
Airlines and hotels can sell their seats and rooms in advance at a huge discount to get the cash flow going. Or in a partnership, seats plus rooms. That i believe was how ryanair and airasia started.
 
Airlines and hotels can sell their seats and rooms in advance at a huge discount to get the cash flow going. Or in a partnership, seats plus rooms. That i believe was how ryanair and airasia started.

this time is very different liao!
both airlines & hotels can sell their seats & rooms in advance for better price to fill up regardless of high or low peak seasons.
but once there kana a cov19 case, all operations will have to come to a halt! this will certainly bleed them dry
hence, this is the risk that buffett dun wanna ever take !!!
 
SIA shares lao sai today and ended at $4.40 due to issuance of rights.

did the resident cheapo whore Ginfugly buy in?
 
Ya I for one am not going to take a plane to tour for another five years. Besides the virus risk also got racist attack risk. No thanks to China.

People will attack your yellow pussy?
 
this time is very different liao!
both airlines & hotels can sell their seats & rooms in advance for better price to fill up regardless of high or low peak seasons.
but once there kana a cov19 case, all operations will have to come to a halt! this will certainly bleed them dry
hence, this is the risk that buffett dun wanna ever take !!!
This dry season is only for a couple of months. If they shut during those months there is no cost of operations. Just the money to pay loans or lease. The workers are on no pay or half pay leave thus conserving cash.
And on top of this, KL just announce moratorium of loan payment for six months. That means businesses conserve even more cash.
 
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SIA has to be saved @all cost, it's the national carrier n icon of Singapore. Temasek is doing the right thing! Billions n billions will be pumped into the airline.. Woo Hoo
Why not NOL was saved?
 
LKY said & promised many many to the pioneer and medaka generations but many were never even considered when his son took over!
hdb values, owning spare property, sia profits returns & many more - that's explains what happened to his next generations
Oh LKY advocated owning spare property? That’s very wise indeed. Not like the bloody stupid PAP policy now that hit out on private property owner like me who wants to buy a spare property HDB for staying.
 
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