Posted on 05/03/2020 4:22:56 PM PDT by Capt. Tom
People with money have been doing that and will continue to. The reason people won't fly as much in 2020 (which is more than 1/3 over) isn't lack of a vaccine (vaccine for COVID-19 is probably both a pipe dream and completely unnecessary) it is lack of an economic reason to go (for business travs) and lack of a recreational reason and/or financial resources to go have fun somewhere. OTOH, if the oil prices stay low for a while, it should be quite economical to fly.
Well stated!
There's a Dow Jones Newswires story, one paragraph, "Supply Chain Issues Expected When Theme Parks Reopen - Market Talk", dated May 1. Some of the pretty nice fat gains to the amusement park stocks went back on Thu and Fri, btw. Flat today.
Right this second, BRK.A is down 6585 a share (267270.21), oops, now down more than, nearly 6700; and BRK.B is down less than $5 (177.86).
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