Carmageddon: to buy shares, or not to

(Image: Getty)

Sat, 14 Dec 2024

Analysts are like nuclear weapons – you have them only because the other guys do. It’s like that expression: If it flies or floats or I can’t recall its name but it also begins with ‘F,’ you should rent it.One of the basic early investing rules is never to own an airline or a car company. Say that out loud so that it causes a permanent stain, tattoo, scar, injury or infliction, so you never do it. Now repeat.During covid, I did buy shares in a casino, a cruise liner, an airline, a hotel company, a regional air...

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