Warren Buffet Issues Dire 2021 Inflation WARNING
Comments
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Not a coincidence the airlines got a bailout without bankrupting/recapitalization as Buffet was a huge shareholder...he sold afterwards at a loss but he should have lost all his investment instead of half.
Also basically lived as a polygamist...and not in the ‘I have a harem of hotties’ sense...weird dude. -
No shit? Really?HoustonHusky said:Not a coincidence the airlines got a bailout without bankrupting/recapitalization as Buffet was a huge shareholder...he sold afterwards at a loss but he should have lost all his investment instead of half.
Also basically lived as a polygamist...and not in the ‘I have a harem of hotties’ sense...weird dude. -
Come on man!! That's not REAL polygamy.HoustonHusky said:Not a coincidence the airlines got a bailout without bankrupting/recapitalization as Buffet was a huge shareholder...he sold afterwards at a loss but he should have lost all his investment instead of half.
Also basically lived as a polygamist...and not in the ‘I have a harem of hotties’ sense...weird dude.
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Cheaper to keep her and LEAVE
Rich people get all the breaks.
Buffet got into repos towards the end then bought Berkshire and does high end real estate -
From a financial standpoint that has to be much better than divorcing (like Bozos and Gates) and loosing upwards of $35 billion in the process.HoustonHusky said:
Just outlive the witch and carry on.
Not a bad motto. -
I thought he was in to trailer parks?RaceBannon said:Cheaper to keep her and LEAVE
Rich people get all the breaks.
Buffet got into repos towards the end then bought Berkshire and does high end real estate -
Helps if you find one that introduces you to future side pieces or let’s you fool around for business interests (the WP lady), even if she gets the occasional mental breakdown and bangs the occasional tennis pro.EwaDawg said:
From a financial standpoint that has to be much better than divorcing (like Bozos and Gates) and loosing upwards of $35 billion in the process.HoustonHusky said:
Just outlive the witch and carry on.
Not a bad motto.
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Disagree. When there are no travelers you don't BK and reorg. You die and stay dead.HoustonHusky said:Not a coincidence the airlines got a bailout without bankrupting/recapitalization as Buffet was a huge shareholder...he sold afterwards at a loss but he should have lost all his investment instead of half.
Also basically lived as a polygamist...and not in the ‘I have a harem of hotties’ sense...weird dude.
If Congress is going to prop up Amtrak you better believe they won't let the airlines go under and lose 500,000 industry jobs.
Buffet could have extended Delta or Southwest a preferred share arrangement with warrants which would allow him to own either airline for ~$15B but didn't.
Airlines as I learned are a great business until they aren't. -
You can bail out the business and keep them whole, but it’s insane to say you bail out the stockholders. The entire point of stock returns is that they take the most risk if things go south...when the govt says nope...we will backstop you so you take no risk...well then you have something but it sure isn’t capitalism.Baseman said:
Disagree. When there are no travelers you don't BK and reorg. You die and stay dead.HoustonHusky said:Not a coincidence the airlines got a bailout without bankrupting/recapitalization as Buffet was a huge shareholder...he sold afterwards at a loss but he should have lost all his investment instead of half.
Also basically lived as a polygamist...and not in the ‘I have a harem of hotties’ sense...weird dude.
If Congress is going to prop up Amtrak you better believe they won't let the airlines go under and lose 500,000 industry jobs.
Buffet could have extended Delta or Southwest a preferred share arrangement with warrants which would allow him to own either airline for ~$15B but didn't.
Airlines as I learned are a great business until they aren't.
And Buffet didn’t because there is zero way even he could have bribed his way to get the govt to just bail him out...
