Ed Bastian, CEO of Delta Air Lines: “During my roughly 30 years of experience in this industry, the only thing I’ve seen that is a catalyst for real change is high oil prices. It’s the most powerful catalyst we have. It separates the winners from the weaker carriers, and if you can’t get your fuel prices covered, you’re forced to either rationalize, consolidate or face elimination potentially.”
Warren Buffett, chairman of Berkshire Hathaway, on prediction markets and legalized gambling: “I don’t like things that make a sucker out of people. I particularly don’t like them when the government sponsors them. I don’t think a function of the government is to play its people for suckers.”
Joe Morant, global head of asset and wealth management consulting at Alpha FMC: “Over the past few years, asset and wealth managers have invested heavily in AI, data platforms and private