Stanley Druckenmiller Bets Big on Airline Stocks – Should You?

Warren Buffett has always critiqued airline stocks for being overly capital-intensive, exhibiting low growth, and relying heavily on cyclical consumer travel patterns—further hampered by unions that limit the adoption of technology and automation. Overall, investors can assume that the value investor sees no reason to ever own an airline stock, but that doesn’t mean they can’t be traded. Stanley Druckenmiller, from Duquesne Capital, has a 30-year track record with average annual returns of 30%, which is up ...