the full WP markdown
FAA Mandates Merit-Based Pilot Hiring for US Airlines
The FAA's latest mandate forces airlines to affirm that pilot hiring is purely merit-based, addressing lingering concerns over DEI practices. Is this the boost aviation safety needs, or political overreach? The details might surprise you...
Financial market analysis from 15/02/2026. Market conditions may have changed since publication.
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In a rising market, everyone makes money and a value philosophy is unnecessary. But because there is no certain way to predict what the market will do, one must follow a value philosophy at all times.
— Seth Klarman
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