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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Shane M who wrote (55316)	5/12/2015 2:46:30 PM
From: E_K_S	1 Recommendation Recommended By Mattyice Read Replies (1) \| Respond to of 78958

OT - First shares of PSA (now LUV) bought in 1969 My first stock investment was in PSA which is now LUV. Never held it that long but sold it avoiding a loss. It taught me that airlines were a loser of an investment as they pretty much always lost money. I was friends (1969) w/ the son of one of the first owners of the airline Thomas Friedkan. Wow did not realize that his son is now a billionaire (as was his father). They had a very nice house at the time w/ an underground handball court. It's pretty cool to see how successful they are/were and senior Friedkan made a huge difference in the airline industry. EKS