2021 Statistical #8 - AirAsia

Maybe Kaput, Maybe Not, Maybe Flying, Maybe Not

In 2007 shareholder newsletter, Buffett had written that “if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favour by shooting Orville down.”*

In 2016, Buffett eschewed his own advice and revealed a surprise bet on airlines. Years of consolidation through post-bankruptcy mega-mergers and a decline in fuel…

This post is for paying subscribers