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Warren Buffett investing in Pilot/Flying J

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JEBar
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Warren Buffett investing in Pilot/Flying J

Post by JEBar » Sun Oct 08, 2017 10:36 pm

under the this should be interesting category, Warren Buffett's conglomerate said it will acquire 38.6% of Pilot Flying J, and plans to become its biggest shareholder over six years ...

http://www.businessinsider.com/buffett- ... ps-2017-10

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Re: Warren Buffett investing in Pilot/Flying J

Post by Henry88 » Mon Oct 09, 2017 1:27 am

If we go to driverless trucks, would the rest stops be staffed by robots?

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Re: Warren Buffett investing in Pilot/Flying J

Post by BigAl52 » Mon Oct 09, 2017 8:49 am

I guess that wont be a bad thing for Warren. Ive been in trucking for over 40 years. On Jan 1 of 2018 as of right now all trucking companies are required to go with electronic logs. I already know for us anyway whats going to take place with getting trucks moved around. Its going to be difficult with the delays that are going on currently within the industry. I cant go into this much farther as it becomes political. But Im betting the truck stop business will be booming.
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Re: Warren Buffett investing in Pilot/Flying J

Post by Cowboy Gun Fan » Mon Oct 09, 2017 9:04 am

Well, it was an interesting story until they froze it because they didn't like my ad blocker, lol.
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Re: Warren Buffett investing in Pilot/Flying J

Post by daytime dave » Tue Oct 10, 2017 7:29 am

BigAl52 wrote: But Im betting the truck stop business will be booming.
I'm sure Mr. Buffett is thinking the same thing.
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