Food For Thought
“I’m fascinated with airplanes and the airline business, but every time I invest in them I regret it and lose money. I finally set up an 800 number, and every time I feel like buying an airline I call it, and it is a recording of me, telling me not to do it.”
— Warren Buffet said to this effect…see his interview…thanks Jagpreet for the link.
(Via Brad Feld)
04/27/07, 10:03 PM |
This is very good.. Can be adopted for other investments also:-)
04/28/07, 12:54 AM |
This is a quote of warren buffet:)
04/28/07, 5:33 AM |
yeah poor ICICI Venture chaps should read that after air-deccan debacle of continued losses……..
but on the possitive side the business does look good in India but the competition is going to kill the margins …
05/1/07, 12:07 PM |
I’ve heard that the airline industry (barring airline manufacturers) is the only industry which has the dubious distinction of being the only industry in the world which has never posted cumulative profits in the history of capitalism.