No. of Recommendations: 1
I don't think I will invest in Delta because I am smart enough to figure out the implications of investing in a credit card company that owns and operates airplanes, but I wouldn't be surprised if people smarter than me could get comfortable with it.
Many years ago I had a meeting with a stockbroker to discuss my portfolio and decide if I wanted to invest with him. My holdings were mostly Motley Fool screens.
He looked it over and said "This looks fine, except for this one thing here." Pointing to the United Airlines position (which I had received from my father).
"Everybody looks at airlines and thinks they look like a good investment. Everybody makes that mistake, then they get burned. Never buy an airline stock."
He went on to say "I can't do anything for you, your portfolio looks fine."
