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AlbertaSunwapta

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  • graemew 2013-11-13 08:42
    After i saw the horrible effect of my click ...reducing Ning Jia from 5 stars to 3.7 I felt so bad about it. Initially I thought I would say nothing....because I knew I would look so stupid if I owned up. But I couldn't bear seeing Ning's great article downgraded like that. But yes...maybe in my haste I clicked by accident on the left star rather than on the right...
  • LwC 2013-09-12 10:49
    AlbertaSunwapta, maybe if you peppered your comments with a few Buffett and Munger quotes, you would get some of the respect that 38 years of experience doesn't get around here.
  • dbkingsford 2011-10-12 04:15
    Great name albertasunwapta - are you a skier or just a fan of the rockies?

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  • AlbertaSunwapta commented on Jonathan Poland's article 11-29 14:35
    Buffett Has Fallen Into a Value Trap Again
    Warren Buffett (Trades, Portfolio) on airlines at the start of the century: “If a capitalist had been present at Kitty Hawk back in the...
    View all 1 comment
    AlbertaSunwapta 11-29 14:35
    • Why airlines? First I presume they are cheap in the mind of someone at BRK. 

      Massive infrastructure spending on: "highways, bridges, tunnels, airports, schools, hospitals".

      1 Catching up on the forever deferred repairs to roads and bridges will cause transportation nightmares. 

      2. Several recessionary years of joblessness, recovery from failed housing investments, deferred vacations, aging baby boom bubble, massive new government spending, etc all point, in my mind, towards a lot of potential pent up demand for travel.

      Moreover, in a stronger economy, people have the money but not the time (same situation with early retirees) and so they travel by plane rather than by car. 

       

       
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