US EditionOver The Pond - High Flyers - Shard Capital
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Over The Pond - High Flyers - Shard Capital
Written by Julian Wheeler – Partner and US Equity Specialist The great Warren Buffett is famous for his dislike of two industries in which he has lost money as an investor: investment banks; he said the problem was that the assets walk out the door each night – undeniably correct, and Airlines; they grow rapidly, require significant capital and earn little or no money – but I think that is no longer correct. Why am I disagreeing with the “Sage” …
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