There are few industries with as much uncertainty right now as airlines. Even the "Oracle of Omaha", Warren Buffett, admitted that the future of airlines was too unclear for him and recently sold all of his positions. Buffett and many other intelligent people believe that the future of air travel has fundamentally and permanently changed, similar to how heightened security checks implemented after 9/11 still exist today. Although I am no expert, and readily admit that there is a large range of possible outcomes amidst great uncertainty, I believe that these fears are exaggerated given the current evidence, and that a handful of airlines represent attractive investment opportunities.
Thoughts on Airlines; Southwest (LUV) Valuation
Thoughts on Airlines; Southwest (LUV…
Thoughts on Airlines; Southwest (LUV) Valuation
There are few industries with as much uncertainty right now as airlines. Even the "Oracle of Omaha", Warren Buffett, admitted that the future of airlines was too unclear for him and recently sold all of his positions. Buffett and many other intelligent people believe that the future of air travel has fundamentally and permanently changed, similar to how heightened security checks implemented after 9/11 still exist today. Although I am no expert, and readily admit that there is a large range of possible outcomes amidst great uncertainty, I believe that these fears are exaggerated given the current evidence, and that a handful of airlines represent attractive investment opportunities.