I remember because both crashes caused me to make adjustments in my options portfolio that caused decent losses on paper. So in my notes I have a page for each one where I tracked the recovery.
The heading on the page for the crash you are talking about I labelled it the “Nuclear Submarine...
Yeah that was the brief crash when Scott Morrison was stirring the pot with China requesting a investigation into Covid and announced the submarines deal, and China was banning some of our exports.
The actual Covid crash was 18 months before all that.
97% of the Hilton Hotel fortune went to charity, and 3% was split among the 24 family members. Paris Hilton did well in her own businesses though, trading off her fame and family name.
Now Hilton Hotels is publically owned on the share market, and uses a capital light model where buildings are...
I own Boeing in the index, but through Berkshire Hathaway I own precision cast parts which is Boeings largest parts supplier.
The interesting part about Boeing is that up until the COVID pandemic, Boeing was dividend royalty I think they went over 50 years steadily increasing their dividend...
Also, Just to show how cost effective a Fighter jet dropping JDAM is compared to say the USA HIMARS missile.
HIMARS missiles cost $168,000 and deliver 91kg of explosives to target.
JDAMS Bomb and Kit together cost only $45,000 but deliver 429 Kg of explosives.
Also, missiles are slow to...
The first photo below is of a standard mark 84 Bomb, mass produced and stock piled by the USA and other NATO countries. Originally designed to just drop unguided.
Second photo is of the jdam kit attached the bomb, as I said boeing sells these kits and they range from just tail fins to full wing...
Russia has been using Glide bombs.
Boeing produces very cost effective kits called “Jdams” which can turn a normal large “Dumb Bomb” into a guided smart bomb.
Sometimes you just need to be dropping large amounts of heavy bombs on strategic targets, Boeings Jdams are perfect for this, and are...
Well I don’t think either you are me is an air warfare strategist, but the whole point of fighter aircraft is that they can defend themselves, these “larger aircraft” you want to use to launch drones would be susceptible to attack from enemy fighters. Think back to WW2 and how bombers needed...
Check out this picture below, those wires are what is left behind by the drones that are controlled through wires to try and defeat the electronic jamming tech.
I think at least for now, having a pilot in the seat of the fighter jet controlling it is a good anti jamming counter measure,
Worst case scenario fighter jets can be used as launchers for all sorts of drones and missiles, adding not only range to what ever missile it is they are carrying, but the ability to bring the missile back if it turned out it wasn’t needed.
I mean say you have a $500,000 anti ship missile...
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