Originally Posted by
LGW Vulture
Why oh why is this even being given the air time? He thought he was investing in safer times for a return. Oh well Mr Sage, you failed on this one.
Who cares, you've lost some cash - most of us in the industry will lose our livelihoods.
Move on, nothing to see here.
Isn't this taking navel-gazing to an extreme, even for this forum ? A huge investor who has said that his preferred time to hold an investment is "forever " has sold 10% stakes in the four biggest US airlines and you say "so what " ? His words and actions are intensely scrutinised by large numbers of economic observers, politicians, journalists and fund managers and will have a massive impact in the way many of these folk speculate/invest/legislate for post-covid. Those brave folk who have recently bought EZY shares and made up to 40% gain from the low-point may well be wondering whether it would be a good idea to take profit rather than hang on. I would say one thing is certain though, and that is there will be very few people saying " so what " ?