Post #1977 by nola622 on the Mechanical Investing board

Investment Strategies / Mechanical Investing

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I must say that of all the media coverage that is given to the BRK annual meeting, I'm always surprised how certain topics seem to be ignored.

During the meeting, Warren was asked about NetJets. In his response, he actually doubted Wheels Up ability to make good on it's deferred revenue. I was completely shocked he'd be so bold to make such a statement. Apparently, I'm the only one.

You certainly weren't the only one. Hell, even Jim Cramer tweeted about it. We've been discussing it on other message boards, etc...

Didn't take long for the Founder and CEO to step down as "bankruptcy looms" -
https://www.cnbc.com/2023/05/09/wheels-up-founder-...

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