3 ms·
You Are trying to reason as if the action happened in a vacuum. He’s not pulling out the money because he’s certain the entire airline industry is going to dis
by boublepop 6y ago
You Are trying to reason as if the action happened in a vacuum.
He’s not pulling out the money because he’s certain the entire airline industry is going to disappear. He’s pulling out because the uncertainty for the industry is much higher than his investments in other industries. The fact that the Fed is throwing wrenches in normal logic supports that decision, it doesn’t negate it.