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What you are seeing is that, even though Virgin is huge and expensive and provides a lot of value, the industry is competitive and very little of that value is
by tamana 11y ago
What you are seeing is that, even though Virgin is huge and expensive and provides a lot of value, the industry is competitive and very little of that value is profit to the owner. Whereas Minecraft has a niche and is very profitable.
- oh_sigh 11y agoWhy do investors ever park their money in airlines?
- mozumder 11y agoIt's a really profitable industry these days. Low oil prices reduce costs. Plus, ticket prices haven't gone down because routes are consolidated to reduce competition between airlines.
- trsohmers 11y ago"If you want to be a Millionaire, start with a billion dollars and launch a new airline." --Richard Branson (on starting Virgin Atlantic)
- maxwell 11y ago"Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down." – Warren Buffet, who invested in US Airways in the early '90s, on airlines in 2008
- vermontdevil 11y ago"Want to be a millionaire? Start with a billion dollars and start an airline" ~ Richard Branson Edit: Didn't see the same quote below!