Some might be concerned about a Company that finds the best use of its Capital is to buy back shares. Interesting situation at Easy Jet. Why? The market is usually right .
It’s an odd counterfactual. To reach the point of selling the aircraft, the company would need to make 16,000 employees redundant (paying at least statutory redundancy), get out of rack rent leases, long-term contracts with suppliers, pay professional fees for the lawyers and accountants handling all of this. Presumably, not trading during this period. Only to flood the market with several hundred second-hand jets, that would necessarily reduce their value. Those sales would have costs associated with them and so it goes on.
Saying all the right things but how do youse react to a recession when the market drops 50% for a long time and your customers start to panic? Your no geniuses, all boats rise in buoyant markets
Great interview and he seems like the best successor for the fund
great interview.
cheers the infom.
from south korea
time to invest!, ;)
Some might be concerned about a Company that finds the best use of its Capital is to buy back shares.
Interesting situation at Easy Jet. Why? The market is usually right .
It’s an odd counterfactual. To reach the point of selling the aircraft, the company would need to make 16,000 employees redundant (paying at least statutory redundancy), get out of rack rent leases, long-term contracts with suppliers, pay professional fees for the lawyers and accountants handling all of this. Presumably, not trading during this period. Only to flood the market with several hundred second-hand jets, that would necessarily reduce their value. Those sales would have costs associated with them and so it goes on.
Saying all the right things but how do youse react to a recession when the market drops 50% for a long time and your customers start to panic? Your no geniuses, all boats rise in buoyant markets