About this Qantas thing

Warren Buffett never invests in airline companies. He learned his lesson the hard way. He is, however, a big fan of Solar Power.

The Australian Independent Media Network

QantasTrying to understand a nation’s economy is not easy. There is so much to absorb. Whenever I feel unable to get my head around any particular matter, I try to reduce it to the raw basics of my own household economic management. It works most of the time although some aspects of a national economy go beyond simple household finances. Even so, there is much in common. So, with that in mind and fresh from hearing the news that Qantas boss Allan Joyce had gone to Canberra to ask the government to act as guarantor for some restructuring, I sat down and had a think about it. Firstly, I listened to someone I thought might have some idea of the relative merits of investing in the airline industry. It did not take long to realise that it is a tough place to make money.

Warren Buffett has a few opinions

View original post 767 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Round The World in 79 Days

Melbourne . Auckland . Houston . Orlando . Washington DC . New York . Madrid . Malaga . Barcelona . Geneva . Brig . St. Moritz . Paris . Brussels . Berlin . Pragua . Budapest . Zagreb . Ljubljana . Venice . Koto . Corfu . Valletta . Catania . Naples . Rome . Brindisi . Bangkok . Tokyo . Mt. Fuji . Kyoto . Hiroshima . Melbourne

The Mugwump Post

Australian Politics

Unions. Politics. And stuff.

Tracking Abbott's Wreckage

The AIM Network

The Australian Independent Media Network

The Extinction Protocol

Geologic and Earthchange News events

The Obama Diary

President Barack Obama ... photos, videos & a word or two

Spinthedoctor

Turning the tables on spin

%d bloggers like this: