3 ms·
I still don’t understand why he broke his long standing rule against capital intensive businesses with limited competitive advantages to invest in airlines in t
by valuearb 7y ago
I still don’t understand why he broke his long standing rule against capital intensive businesses with limited competitive advantages to invest in airlines in the gust place.
My only theory is his portfolio finally got too large about 20 years ago and he’s had to compromise some principles given the tiny range of investments he’s now left with.