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Old 6th Mar 2016, 19:38
  #388 (permalink)  
Longdog
 
Join Date: Aug 2007
Location: doghouse
Age: 68
Posts: 42
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Warren Buffet, who many believe is the worlds smartest investor, once stated if he could go back in time, he would shoot Orville and Wlibur.
His reasoning was, never have so many, lost so much money, when it comes to airline companies, and he is adament about never, ever investing in one.
I think it is fair to say the same about helicopter companies.
Intense competition, intense regulation, extremly high capitol costs for aircraft, low profit margins, in a cyclical industry.
If your passionate about aviation, it can be alot of fun, but being passionate about something should not be confused with it being good investment.
Happy to be out of the game for 12 years now, making real money, and enjoying myself even more.
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