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They’re already heavily invested in several major airlines. Seems logical that they might up those investments or fully acquire if valuations continue to deteriorate. Especially given it’s a certainty that these are short term revenue hits airlines are taking
Coach
Are there any top contenders? I would just open a few hundred $ in lotto calls on maybe the top 3
Dow is at the level last summer. If he’s not buying anything last summer, why’d he buy now?
Coach
Actual fundamental growth but at the same price as previous? Impatience? Proof of higher multiples as real possibility
Bowl Leader
I feel like larger investments in oil companies with strong balance sheets like Occidental (granted he’s already in there), but if you look at their valuations right now, they’re below those in the GFC when oil was $26 p/sh. Not sure it’d be a takeover, but more significant investments. He’s smart, he knows the market is inflated and is holding cash for the right buying time.