Quick Write-Up on Southwest Airlines (NYSE:LUV)
(refer to my disclaimer: https://1milby30.wordpress.com/disclaimer/) (photo source: http://mommasays.net/) A well-articulated article (click here!) on Southwest Airlines. It deserves a read. I am amazed that Southwest has a ROE of 30.1%. However, we all know that oil is roughly 30% of an airline total operating costs and it can be erratic. What happened to turn Buffett…
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