Tigers are Tops - That is a Fact
Quote:
Originally Posted by
couta1
Your post is tainted by your long held belief that one should fly with an airline not buy an airline and therefore should be taken with a pinch of catnip. PS-Many of us have read both the dividend bit and the whole report and have longer time frames. PPS-Instos be selling and Instos be buying.
Yes my posts reflect my biases, both positive and negative, as do your posts reflect your biases and everybody elses posts reflect their biases.
In 2015 (it seems so long ago now) I set out to determine whether my bias about airline investment stood up to scrunity and through friends in the banking industry got to discuss the airline industry and analysis thereof with professionals. I came away with more knowledge and my basic opinion unchanged:
Airlines are not a good long term investment.
That is one of my biases and I am currently happy to stick with it.
Strangely I think subsequent events have proved me right, and the fact that AIRs own outlook is apparently even more negative than mine means I will have to change my valuation.
Other biases I hold include that averaging down is a poor strategy and having a significant percentage of ones investments in a deeply cyclical stock is an even poorer one.
Best Wishes
Paper Tiger