
Ep 383. Fed Raised Interest Rates, Market Cycles, Multi Strat Portfolio, & Airlines Look Cheap
Focused Compounding
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Airline Capital Allocation - What Do You Think?
The number of carriers obviously going down all the time But there's lots of other data that I looked at and it was all positive. Right before COVID They were operating at around 15% but what I noticed in looking at it is the extent to which it was disguised by 9-11 And the financial crisis was much greater than what I thought so I know that they've been successful for a few years before CO VIDbut until really looking at it didn't realize the extent towhich actually the airline business has been better since the later 1990s to today.
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