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Not only does PG have a stable of 24 $1B+ revenue brands, which they will continue to leverage globally, they have proven that their ability to build brands in the consumer products space if unmatched. Possessing the ability to create franchises is a unique and durable competitive advantage in my eyes. In sum: 1) Business I understand? Yes 2) Strong management? Yes 3) Durable competitive advantage? Yes 4) Attractive valuation? Build position on the pull backs. (Close)

Simply put, it is an airline. If wealth could be measured by mobility airlines have created a lot of wealth over the last 65 years. However their has not ever been a sustainable business model in the airlines. There business is too capital intentsive to be successful over long periods of time. I challenge anyone to recommend an airline and make a compelling case for them possessing a durable competitive advantage (IE measure over 20+ years). (Close)

Simply put, it is an airline. If wealth could be measured by mobility airlines have created a lot of wealth over the last 65 years. However their has not ever been a sustainable business model in the airlines. There business is too capital intentsive to be successful over long periods of time. I challenge anyone to recommend an airline and make a compelling case for them possessing a durable competitive advantage (IE measure over 20+ years). (Close)

Simply put, it is an airline. If wealth could be measured by mobility airlines have created a lot of wealth over the last 65 years. However their has not ever been a sustainable business model in the airlines. There business is too capital intentsive to be successful over long periods of time. I challenge anyone to recommend an airline and make a compelling case for them possessing a durable competitive advantage (IE measure over 20+ years). (Close)