SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buffettology
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Clarke who wrote (637)12/7/1998 12:21:00 PM
From: Robert Douglas  Read Replies (1) of 4691
 
Jim and thread,

If I may joint the discussion late on the issue of Boeing. I think there is some excellent value in BA at this level. Regardless of whether or not it is a Buffett stock, I think that it will be a good long-term investment. It is economic certainty that as the per-capita income of nations increase that air travel increases along with it. There is virtually no substitute for air travel when it comes to tourism, something all cultures do more of as their wealth grows. Please look at the persistent growth in revenue passenger miles over time, along with the high load factors which will lead to more aircraft being purchased:

air-transport.org

This is a powerful trend that will continue for decades more, IMO. I think BA is an excellent way to play this, especially with the potential cost cutting and existing duopoly in the industry. The problems in Asia have provided a great buying opportunity especially if you believe, as I do, that they are transitory in nature.

-Robert
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News