Warren Buffet buying Flying Hook

Discussion in 'Truck Stops' started by O.Henry, Oct 3, 2017.

  1. Oct 3, 2017 #1
    O.Henry

    O.Henry Road Train Member

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    O.Henry, Oct 3, 2017
    O.Henry, Oct 3, 2017
    #1
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  3. Oct 4, 2017 #2
    Studebaker Hawk

    Studebaker Hawk Road Train Member

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    Studebaker Hawk, Oct 4, 2017
    Studebaker Hawk, Oct 4, 2017
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    JC1971 Thanks this.
  4. Oct 4, 2017 #3
    boredsocial

    boredsocial Road Train Member

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    This is a standard Buffett play. He finds a relatively well run company often family owned whose owners want to take money off the table but don't want to give up their reason for living (running the company) just yet. He gets a good price, they get an owner who will give them free reign without pressuring them to grow in stupid ways.
     
    boredsocial, Oct 4, 2017
    boredsocial, Oct 4, 2017
    #3
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