Monday, 6 August 2007

ACE's highflyer prepares for landing

An account of the success of Robert Milton at Air Canada - and how he now thinks that ACE the holding company he set up will be wound up "within 9 months", and he will go looking for another job.

I am prepared to take a small bet. He will not get a job forecasting energy prices
Mr. Milton said. "If oil prices drop to US$40 a barrel, Air Canada's stock will go through the roof.

My prediction: neither will happen

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